Why McCarthy and Biden both stand to gain from the debt deal — if they can get it passed
Posted on AllSides May 30th, 2023
From The Left
Despite the sharp rhetoric leading up to last weekend’s debt and budget agreement, both House Speaker Kevin McCarthy and President Biden stand to benefit politically. Biden and McCarthy and their aides were working feverishly Tuesday to make sure the deal doesn’t fail when it comes before the House on Wednesday. McCarthy was especially active, trying to stem the spread of defections among hard-right conservatives, even as he projected confidence that the bill would pass before Monday’s deadline to avert a calamitous default on the nation’s debt. The House Rules Committee,...
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