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McCarthy-Debt Ceiling Deal Could Come 'At Any Time'

US

Comments from House Speaker Kevin McCarthy (R-CA) to Fox News being reported. McCarthy: 'Don't know if we will have a debt deal today', but says that a deal could come 'at any time.' Says that 'we will take whatever X-date the Treasury Secretary gives us.' McCarthy: 'We will get this done at the end of the day [likely meaning before X-date, not before the end of today]'. McCarthy: 'The debt ceiling deal will not solve all the problems, but it is the first step.'

  • McCarthy on Fox: 'It's very difficult for Democrats to agree to spend less...Biden knows where we are, understands the differences and will continue to be at the table...any day is possible for a debt ceiling deal but issues remain.'
  • Olivia Beavers at Politico: "McCarthy on Fitch threat of US credit rating being downgraded: Look, I've watched the only time the credit rating got lowered last night was because the deal did not go far enough. And we want to make sure we have an agreement that's worthy of the American public."
  • RTRS-Asked if Americans who rely on gov't payments should make backup plans, McCarthy tells reporters: 'Wouldn't worry about that.'
  • For more info see our latest US Daily Briefand Markets Analysis titled 'Debt Limit: Extraordinary Measures And Prioritization'.

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