{"id":1934590,"date":"2023-05-20T05:10:22","date_gmt":"2023-05-20T09:10:22","guid":{"rendered":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/exclusive-mccarthy-holds-most-of-the-cards-in-debt-ceiling-negotiations-gingrich-says\/"},"modified":"2023-05-20T05:11:40","modified_gmt":"2023-05-20T09:11:40","slug":"exclusive-mccarthy-holds-most-of-the-cards-in-debt-ceiling-negotiations-gingrich-says","status":"publish","type":"post","link":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/exclusive-mccarthy-holds-most-of-the-cards-in-debt-ceiling-negotiations-gingrich-says\/","title":{"rendered":"McCarthy has upper hand in debt ceiling talks, says Gingrich."},"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\">20<\/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%2Fexclusive-mccarthy-holds-most-of-the-cards-in-debt-ceiling-negotiations-gingrich-says%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=1934590&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--><h2>Former House Speaker Gingrich: McCarthy Has Upper Hand in Debt Ceiling Negotiations with Biden<\/h2>\n<p>According to former House Speaker Newt Gingrich, House Speaker Kevin McCarthy (R-Calif.) is in a strong position to negotiate with President Joe Biden on raising the <a href=\"https:\/\/www.conservativenewsdaily.net\/breaking-news\/even-with-full-control-of-government-democrats-massive-wish-list-is-stalling\/\" title=\"Even With Full Control Of Government, Democrats\u2019 Massive Wish List Is Stalling\">debt ceiling<\/a> and <a href=\"https:\/\/www.conservativenewsdaily.net\/breaking-news\/editor-daily-rundown-white-house-spent-whole-week-moving-goalposts-ahead-of-gdp-report\/\" title=\"Editor Daily Rundown: White House Spent Whole Week Moving Goalposts Ahead Of GDP Report\">cutting federal spending<\/a>.<\/p>\n<p>Gingrich pointed to the passage of the Limit, Save, Grow Act on April 26 as a pivotal moment in breaking the stalemate between Biden and McCarthy. This legislation gave Republicans the ability to push for fiscal responsibility and <a href=\"https:\/\/www.conservativenewsdaily.net\/breaking-news\/as-biden-pushes-climate-change-efforts-china-walks-back-theirs-to-ramp-up-growth\/\" title=\"As Biden Pushes \u2018Climate Change\u2019 Efforts, China Walks Back Theirs To Ramp Up Growth\">prioritize economic growth<\/a>.<\/p>\n<h3>Why is this important?<\/h3>\n<ul>\n<li>The debt ceiling is the maximum amount of money the government can borrow to pay its bills.<\/li>\n<li>If the debt ceiling is not raised, the government risks defaulting on its obligations, which could have serious consequences for the economy.<\/li>\n<li>Cutting federal spending is a key issue for Republicans, who believe that the government should be more fiscally responsible.<\/li>\n<\/ul>\n<p>With McCarthy leading the negotiations, Republicans are well-positioned to push for their priorities and ensure that the <a href=\"https:\/\/www.conservativenewsdaily.net\/breaking-news\/exclusive-mccarthy-holds-most-of-the-cards-in-debt-ceiling-negotiations-gingrich-says\/\" title=\"McCarthy has <a href=\"https:\/\/www.conservativenewsdaily.net\/breaking-news\/senate-leaders-struggle-to-agree-on-splitting-power-over-dueling-stances-on-keeping-filibuster-in-practice\/\" title=\"Senate leaders struggle to agree on splitting power over dueling stances on keeping filibuster in practice\">upper hand<\/a> in debt ceiling talks, says Gingrich.&#8221;>government remains financially stable<\/a>.<\/p>\n<p><strong>Stay tuned for updates on this developing story.<\/strong><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Former House Speaker Newt Gingrich believes House Speaker Kevin McCarthy (R-Calif.) has the advantage in talks with President Joe Biden over raising the debt ceiling and reducing federal spending. Gingrich cited the passage of the Limit, Save, Grow Act on April 26 as a pivotal moment in resolving the impasse.<\/p>\n","protected":false},"author":1793,"featured_media":1934591,"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":[543],"tags":[15633,10142,5487,7473,6274,3663,3745],"class_list":["post-1934590","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-the-epoch-times","tag-upper","tag-ceiling","tag-debt","tag-gingrich","tag-hand","tag-mccarthy","tag-talks"],"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\/1934590","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\/1793"}],"replies":[{"embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/comments?post=1934590"}],"version-history":[{"count":0,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/posts\/1934590\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/media\/1934591"}],"wp:attachment":[{"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/media?parent=1934590"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/categories?post=1934590"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/tags?post=1934590"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}