{"id":1935650,"date":"2023-05-22T11:40:45","date_gmt":"2023-05-22T15:40:45","guid":{"rendered":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/biden-mccarthy-meeting-offers-hope-of-deal-on-debt-ceiling\/"},"modified":"2023-05-22T11:42:57","modified_gmt":"2023-05-22T15:42:57","slug":"biden-mccarthy-meeting-offers-hope-of-deal-on-debt-ceiling","status":"publish","type":"post","link":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/biden-mccarthy-meeting-offers-hope-of-deal-on-debt-ceiling\/","title":{"rendered":"Biden and McCarthy meet to discuss debt ceiling deal."},"content":{"rendered":"<aside class=\"mashsb-container mashsb-main mashsb-stretched\"><div class=\"mashsb-box\"><div class=\"mashsb-count mash-medium\" style=\"float:left\"><div class=\"counts mashsbcount\">18<\/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%2Fbiden-mccarthy-meeting-offers-hope-of-deal-on-debt-ceiling%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=1935650&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>President Biden and House Speaker McCarthy to Meet In-Person to Resolve Debt Ceiling Crisis<\/h2>\n<p>President Joe Biden and House Speaker Kevin McCarthy (R-Calif.) are set to meet on May 22 to discuss the <a href=\"https:\/\/www.conservativenewsdaily.net\/breaking-news\/biden-mccarthy-meeting-offers-hope-of-deal-on-debt-ceiling\/\" title=\"Biden and McCarthy meet to discuss <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> deal.&#8221;>ongoing debt ceiling crisis<\/a>. Negotiations between both sides stalled over the weekend as they <a href=\"https:\/\/www.conservativenewsdaily.net\/breaking-news\/blinken-confirms-us-received-information-on-israeli-claim-that-hamas-operated-out-of-destroyed-media-building\/\" title=\"Blinken Confirms US Received \u2018Information\u2019 On Israeli Claim That Hamas Operated Out Of Destroyed Media Building\">remained firm<\/a> on their demands.<\/p>\n<h3>Republicans Accuse Biden\u2019s Negotiators of Being \u201cUnreasonable\u201d<\/h3>\n<p>Representative Garret Graves (R-La.), the lead negotiator for Republicans, accused Biden\u2019s negotiators of being \u201cunreasonable\u201d on May 19. Biden responded on May 21, stating that it was time for the other side to move from their extreme positions. The two men spoke by phone later that day and agreed to meet in-person the next day.<\/p>\n<h3>Limit, Save, Grow Act at the Center of the Issue<\/h3>\n<p>The Limit, Save, Grow Act, which Republicans passed on April 26, is at the center of the issue. The measure would <a href=\"https:\/\/www.conservativenewsdaily.net\/breaking-news\/personal-savings-rate-plummets-to-lowest-level-since-2005\/\" title=\"Personal Savings Rate Plummets To Lowest Level Since 2005\">reduce discretionary spending<\/a> to the 2022 level, increase work requirements for some beneficiaries of Medicaid and the Supplemental Nutrition Assistance Program (SNAP), loosen permitting requirements for oil and gas drilling, and increase the debt ceiling through March 2024. Democrats have criticized the proposal as an effort to balance the federal budget on the backs of the working class while preserving Trump-era tax cuts for the wealthiest Americans.<\/p>\n<p>Following their phone call, McCarthy told reporters that the call was \u201cproductive\u201d and that he believes they can solve the problems. Biden also expressed optimism, stating that he thinks they can reach an agreement.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>President Biden and House Speaker McCarthy will meet on May 22 to discuss the debt ceiling crisis. Negotiations between both sides stalled over the weekend as they stood firm on their demands. Rep. Graves, the lead Republican negotiator, stated on May 19 that a resolution must be reached soon.<\/p>\n","protected":false},"author":1793,"featured_media":1935651,"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":[3620,10142,3715,5487,4480,3663,3767],"class_list":["post-1935650","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-the-epoch-times","tag-biden","tag-ceiling","tag-deal","tag-debt","tag-discuss","tag-mccarthy","tag-meet"],"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\/1935650","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=1935650"}],"version-history":[{"count":0,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/posts\/1935650\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/media\/1935651"}],"wp:attachment":[{"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/media?parent=1935650"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/categories?post=1935650"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/tags?post=1935650"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}