Biden optimistic about a debt limit deal, but McCarthy says White House isn’t being serious

Posted on AllSides May 15th, 2023
From The Center
Economy and Jobs, Politics, Debt Ceiling, Joe Biden, Kevin McCarthy
Leah Millis | Reuters

President Joe Biden sounds optimistic about the odds of reaching a deal with Republicans to raise or suspend the debt limit in time to avoid economic fallout from even a potential U.S. debt default.

“I really think there’s a desire on their part, as well as ours, to reach an agreement, and I think we’ll be able to do it,” Biden told reporters Sunday in Delaware. As to his state of mind, he said, “I remain optimistic because I’m a congenital optimist.”

Biden also characterized the talks underway between White...

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