Speaker McCarthy Seeks to Turn Up Debt Ceiling Temperature on President Biden

Speaker accuses president, Democrats of ignoring the problem
McCarthy savors successful House vote on his debt proposal

House Speaker Kevin McCarthy, a Republican from California, says President Joe Biden is ignoring the debt-limit issue and putting the economy at risk. Biden and congressional Democrats oppose the measure because it attaches sweeping spending cuts as condition for raising the debt ceiling. McCarthy speaks to Bloomberg’s Annmarie Hordern from Washington.Source: Bloomberg

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By Annmarie Hordern and Billy House

April 27, 2023 at 8:41 PM UTC

Updated on

April 27, 2023 at 9:28 PM UTC

This article is for subscribers only.

House Speaker Kevin McCarthy on Thursday escalated demands for President Joe Biden and Democrats to avoid a debt-ceiling crisis by embracing the plan that House Republicans passed the day before on party lines.

“The Senate’s done nothing,” McCarthy said in an interview with Bloomberg Television’s “Balance of Power.” “They haven’t done anything on the debt ceiling and the president’s ignored this problem.”