Jan 25, 2023

DEMS ON DEBT


 

DEMS ON DEBT 

PRESIDENT JOE BIDEN HAS HOSTED DEMOCRATIC CONGRESSIONAL LEADERS AT THE WHITE HOUSE YESTERDAY TO DISCUSS A LOOMING DEBT CEILING CRISIS AS THEY RUN UP AGAINST A NEW HOUSE REPUBLICAN MAJORITY EAGER FOR CONFRONTATION. 
AHEAD OF THE MEETING, SENATE MAJORITY LEADER CHUCK SCHUMER SAID DEMOCRATS ARE UNITED IN WORKING TO RAISE THE DEBT CEILING, FENDING OFF REPUBLICAN DEMANDS FOR CUTS IN SPENDING. REPUBLICANS ARE HAPPY TO LEAVE NEGOTIATIONS TO HOUSE SPEAKER KEVIN MCCARTHY. THE WHITE HOUSE HAS NOT YET INVITED MCCARTHY FOR A MEETING BUT SAYS IT PLANS TO DO SO SOON. 

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