{"id":1929649,"date":"2023-05-12T10:27:42","date_gmt":"2023-05-12T14:27:42","guid":{"rendered":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/mccarthy-biden-admin-more-interested-in-defaulting-on-debt-than-negotiating\/"},"modified":"2023-05-12T10:27:42","modified_gmt":"2023-05-12T14:27:42","slug":"mccarthy-biden-admin-more-interested-in-defaulting-on-debt-than-negotiating","status":"publish","type":"post","link":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/mccarthy-biden-admin-more-interested-in-defaulting-on-debt-than-negotiating\/","title":{"rendered":"McCarthy: Biden Admin More Interested in Defaulting on Debt Than Negotiating"},"content":{"rendered":"<aside class=\"mashsb-container mashsb-main mashsb-stretched\"><div class=\"mashsb-box\"><div class=\"mashsb-count mash-medium\" style=\"&quot;\"><div class=\"counts mashsbcount\">22<\/div><span class=\"mashsb-sharetext\">SHARES<\/span><\/div><div class=\"mashsb-buttons\"><a class=\"mashicon-facebook mash-medium mash-nomargin mashsb-noshadow\" href=\"https:\/\/www.facebook.com\/sharer.php?u=https%3A%2F%2Fwww.conservativenewsdaily.net%2Fbreaking-news%2Fmccarthy-biden-admin-more-interested-in-defaulting-on-debt-than-negotiating%2F\" target=\"_top\" rel=\"nofollow\"><span class=\"icon\"><\/span><span class=\"text\">Facebook<\/span><\/a><a class=\"mashicon-twitter mash-medium mash-nomargin mashsb-noshadow\" href=\"https:\/\/twitter.com\/intent\/tweet?text=&amp;url=https:\/\/www.conservativenewsdaily.net\/breaking-news\/?p=1929649&amp;via=ConservNewsDly\" target=\"_top\" rel=\"nofollow\"><span class=\"icon\"><\/span><span class=\"text\">Twitter<\/span><\/a><a class=\"mashicon-subscribe mash-medium mash-nomargin mashsb-noshadow\" href=\"#\" target=\"_top\" rel=\"nofollow\"><span class=\"icon\"><\/span><span class=\"text\">Subscribe<\/span><\/a><div class=\"onoffswitch2 mash-medium mashsb-noshadow\" style=\"display:none\"><\/div><\/div>\n            <\/div>\n                <div style=\"clear:both\"><\/div><\/aside>\n            <!-- Share buttons by mashshare.net - Version: 4.0.47--><p> \t\t\t\tThe Biden administration seems more interested in letting a debt default occur than coming to an agreement with Republicans to extend the limit, Speaker Kevin McCarthy has claimed.<\/p>\n<p> House Speaker Kevin McCarthy has expressed frustration regarding recent bipartisan efforts to once again raise the U.S. debt ceiling, arguing that the Joe Biden administration appears to be more interested in just letting a debt default happen rather than agreeing some spending cuts to come to a deal with House Republicans.<\/p>\n<p> A failure to raise the debt limit \u2014 a legal limit on how much money the United States can borrow \u2014 would eventually lead to a government shutdown, in turn likely leading to delays in paychecks for those working in government agencies, as well as a delay in payments to social services recipients and Medicare providers.<\/p>\n<p>   Despite that, the two sides have struggled to come to a deal that will solve the crisis, with both Democrats and Republicans jointly calling off a meeting between senior figures\u00a0set to take place this Friday due to a lack of agreement on how to move forward.<\/p>\n<p> According to a report by Fox News, McCarthy is placing the blame for the delay on the Biden government, claiming that the President has so far proven unwilling to implement spending cuts Republicans view as a necessary\u00a0prerequisite for any raising of the debt limit.<\/p>\n<p> \u201cI have not seen from there a seriousness of the White House that they want a deal,\u201d he claimed, adding that both sides thought it better to allow their staff to meet again instead in the hope of making some more headway before real negotiations begin.<\/p>\n<p>SUBSCRIBEBy subscribing, you agree to our terms of use &#038; privacy policy.  You will receive email marketing messages from Breitbart News Network to the email you provide. You may unsubscribe at any time.<\/p>\n<p>   \u201cIt seems like they want a default more than they want a deal,\u201d he added.<\/p>\n<p> Further meetings are now set to take place sometime next week.<\/p>\n<p>  Follow Peter Caddle on Twitter: @Peter_Caddle Follow Breitbart London on Facebook: Breitbart London \t\t\t<\/p>\n","protected":false},"excerpt":{"rendered":"<p>The Biden administration seems more interested in letting a debt default occur than coming to an agreement with Republicans to extend the limit, Speaker Kevin McCarthy has claimed. House Speaker Kevin McCarthy has expressed frustration regarding recent bipartisan efforts to once again raise the U.S. debt ceiling, arguing that the Joe Biden administration appears to<\/p>\n","protected":false},"author":1,"featured_media":1929650,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_mo_disable_npp":"","fifu_image_url":"https:\/\/cndimages.nyc3.digitaloceanspaces.com\/breaking-news\/wp-content\/uploads\/2021\/01\/IMG_2758-scaled-1.jpg","fifu_image_alt":"","footnotes":""},"categories":[547],"tags":[4496,3620,5487,18797,3663,9402],"class_list":["post-1929649","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-the-bongino-report","tag-admin","tag-biden","tag-debt","tag-defaulting","tag-mccarthy","tag-negotiating"],"fifu_image_url":"https:\/\/cndimages.nyc3.digitaloceanspaces.com\/breaking-news\/wp-content\/uploads\/2021\/01\/IMG_2758-scaled-1.jpg","_links":{"self":[{"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/posts\/1929649","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/comments?post=1929649"}],"version-history":[{"count":0,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/posts\/1929649\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/media\/1929650"}],"wp:attachment":[{"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/media?parent=1929649"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/categories?post=1929649"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/tags?post=1929649"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}