Republican leader says debt deal “is not closed”

2023-05-18 19:40:00

The president of the Financial Services Committee of the House of Representatives, Patrick McHenrycame out of the debt talks saying that the two sides “they are nowhere near ready” with an agreement to avoid the first default in the history of USA.

The comments of McHenry, a key ally of the Speaker of the House, are known hours following Kevin McCarthy said that expected the House to vote next week on the negotiated legislation.

Kevin McCarthy was optimistic regarding a debt limit deal

We have much more work to do”said the North Carolina Republican, adding that it is not clear When will the negotiators meet once more?

McHenry He did not commit to there being a plan or even a scheme firm for the weekend, but added that “the right thing is being discussed.”

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