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The Latest Breaking News from Kevin McCarthy

McCarthy, Rep. Graves signal impasse in White House debt talks

WASHINGTON — Speaker Kevin McCarthy left the U.S. Capitol late Tuesday afternoon saying the two parties had yet to reach a deal to avert a first-ever U.S. default, and a top lieutenant said there are no more meetings planned.

Tribune News Service

Marjorie Taylor Greene wins ChapStick used by House Speaker Kevin McCarthy for $100K at GOP auction as debt ceiling crisis drags on

Republican campaign leaders on Tuesday auctioned off a ChapStick used by House Speaker Kevin McCarthy — and scored $100,000 from winner Rep. Marjorie Taylor Greene.

Tribune News Service

Marjorie Taylor Greene pays $100k for chapstick used by Kevin McCarthy

‘They doing this insane chapstick s*** while the country teeters on default. Wild,’ Ilhan Omar tweets

The Independent UK

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Another day, another pause in debt ceiling negotiations - Roll Call

Debt limit talks broke down again Tuesday as negotiators described disagreements over spending levels and other policy add-ons.

Roll Call

Biden, McCarthy stay positive though debt deal remains elusive

WASHINGTON — House Speaker Kevin McCarthy told Republicans Tuesday that debt limit talks still have some distance to go and pleaded with them to stay united on the party’s demands for spending cuts to avert a U.S. default.

Tribune News Service

Debt ceiling talks grind on, but Republicans say there's a 'lack of urgency' from White House

Debt ceiling negotiators for President Joe Biden and House Speaker Kevin McCarthy are holed up again at the Capitol

The Independent UK

Appropriators face close votes on spending bills in committee - Roll Call

Rep. Steve Womack said Tuesday that lining up support from GOP panel members for appropriations markups remains “a work in progress.”

Roll Call

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Wide gulf between debt limit negotiators as time grows short - Roll Call

With just nine days left before the government may not be able to pay all its bills, GOP negotiators said zero progress is being made.

Roll Call

Ron DeSantis ‘to announce presidential run on Twitter with Elon Musk’ – as it happened

Florida governor reportedly to officially announce campaign on platform; McCarthy says debt deal possibly by 1 June

The Guardian - US

A debt default would be catastrophic for the US – and Biden’s re-election chances

If Democrats believe they can win the ‘messaging wars’ about a default, they’re deluded. Republicans win either way

The Guardian - US

Dow Jones Falls 150 Points After Biden-McCarthy Meeting; Lowe's Rallies On Earnings

The Dow Jones fell Tuesday after President Biden and House Speaker Kevin McCarthy failed to reach a deal at their debt ceiling meeting.

Investors Business Daily

First Thing: Biden and McCarthy hold ‘productive’ debt talks but no deal reached

If debt limit not raised, the US will default on its bills. Plus, the issue with DeSantis’s $13.5m police relocation program

The Guardian - UK

Congress braces for grueling week as debt deadline nears

"I think we all know we're going to have to have our schedules in pencil."

Axios

Asian stocks fall after more US debt talks fail to break impasse

Asian stock markets are lower after more negotiations in Washington on government debt failed to yield a deal to avoid a potentially jarring default

The Independent UK

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Tribune News Service

McCarthy: No deal yet, but debt limit meeting ‘productive’

WASHINGTON — Speaker Kevin McCarthy said he and President Joe Biden on Monday had their best meeting yet on how to lift the statutory debt limit but that “there’s nothing agreed to” in the negotiations.

Tribune News Service

Biden-McCarthy debt talk ends with optimism, but without a deal

WASHINGTON — President Joe Biden and House Speaker Kevin McCarthy remained without a deal on the debt limit Monday night after another round of talks, though they called their discussions productive and vowed to keep negotiating to avert a catastrophic U.S. default.

Chicago Sun-Times

Debt ceiling explained: Why it’s a struggle in Washington and how the impasse could end

House Speaker Kevin McCarthy says his team and the White House have had ‘productive’ discussions to avert a default on U.S. debt days before the June 1 deadline.

The Guardian - US

Biden and McCarthy hold debt ceiling talks but no deal yet as deadline looms

Republican speaker says he and president had ‘productive’ discussion but that ‘the time of just spending more money is wrong’

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Al Jazeera

Biden and McCarthy resume talks as US debt ceiling deadline looms

Their meeting comes as US Treasury Secretary Janet Yellen issues third letter in three weeks, warning of a June default.

The Independent UK

Biden ‘optimistic’ about McCarthy negotiations as AOC slams ‘dysfunctional’ debt ceiling system

Just 10 days remain until the US will lose the ability to pay its outstanding bills

Tribune News Service

Biden, McCarthy have productive talk on debt but no deal yet

WASHINGTON — House Speaker Kevin McCarthy said he and President Joe Biden had a productive talk but have not yet reached a deal to avert a catastrophic U.S. debt default.

Investors Business Daily

Dow Jones Futures Fall As Biden, McCarthy Fail To Reach Debt Ceiling Deal; Tesla Stock Has New Buy Point

Dow Jones futures were lower early Tuesday after the Biden-McCarthy debt ceiling meeting. Tesla stock has a new buy point.

Axios

Yellen triples down on debt ceiling deadline

President Biden and Speaker McCarthy are scheduled to meet tonight.

Roll Call

McCarthy: No deal yet, but debt limit meeting 'productive' - Roll Call

Speaker Kevin McCarthy said he and President Joe Biden on Monday had their best meeting yet on how to lift the statutory debt limit.

Kiplinger

Stock Market Today: Stocks Waver Ahead of Biden, McCarthy Debt Ceiling Talks

The major indexes made modest moves today as investors kept a cautious eye on debt ceiling discussions.

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