US House Speaker Kevin McCarthy has said he is confident a deal to raise the US government debt ceiling will be reached by the 5 June deadline. He said there had been progress in negotiations ...

Just months later, McCarthy is facing a growing chorus of angry voices from that same far-right faction — and beyond — that not only threatenes to scuttle a nascent debt ceiling deal he and ...

But the aftermath of the debt ceiling deal is coming into focus: The hard-right flank that helped put the speaker in power five months ago is not done with McCarthy yet. “I enjoy this conflict ...

President Biden and House Speaker Kevin McCarthy (R-Calif.) reached a tentative deal on raising the nation's $31.4 trillion debt limit, giving Congress time to pass it before June 5, when the ...

McCarthy had beaten expectations ... may be enough to persuade 218 Republicans to back a deal this summer that lifts the debt ceiling for a few budget victories but not much else.

"I believe we can get a deal done," House Speaker McCarthy told reporters. While acknowledging areas of disagreement, Mr Biden said a default was "off the table". The debt ceiling is a spending ...

The White House and House Speaker Kevin McCarthy have reached an agreement in principle on a deal to raise the debt ceiling, a breakthrough that helps move the country away from a historic ...

Speaker of the House Kevin McCarthy has started laying out the stakes for Americans in his desired debt ceiling deal. On Monday, the speaker delivered remarks at the New York Stock Exchange on the ...