LIVE: Kevin McCarthy speaks on debt ceiling deal.

House Speaker Kevin McCarthy Announces Tentative Deal with President Biden

“It’s a new day in Congress. Republicans are changing the direction of Washington with a responsible debt limit that cuts spending, re-establishes work requirements, and claws back tens of billions in unspent COVID funds,”

Press Conference Highlights

• House Speaker Kevin McCarthy (R-CA) announced a tentative deal with President Joe Biden over the debt ceiling.
• McCarthy hailed the deal as a “new day in Congress” and a sign that Republicans are changing the direction of Washington.
• The deal includes a responsible debt limit that cuts spending, re-establishes work requirements, and claws back tens of billions in unspent COVID funds.

Joining the press conference, House Speaker Kevin McCarthy (R-CA) shared exciting news about the tentative deal he reached with President Joe Biden over the debt ceiling. McCarthy expressed his enthusiasm for the deal, calling it a “new day in Congress” and a sign that Republicans are changing the direction of Washington.

The deal includes a responsible debt limit that cuts spending, re-establishes work requirements, and claws back tens of billions in unspent COVID funds. McCarthy took to Twitter to share the news and announced the press conference to answer questions about the deal.

This is a significant step towards a more responsible and sustainable financial future for the country. Stay tuned for more updates on this developing story.