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 ...

"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 ...

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 ...

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 ...

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 ...

WASHINGTON--Veering away from a default crisis, the House approved a debt ceiling and ... into the night to strike the deal with the White House, and for days McCarthy has worked to build support ...