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White House dismisses McCarthy debt ceiling plan as ‘dangerous economic hostage-taking’

By Naomi Lim
Published April 19, 2023 7:07pm ET
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White House dismisses McCarthy debt ceiling plan as ‘dangerous economic hostage-taking’
The White House is downplaying the plan of House Speaker Kevin McCarthy (R-CA) to lift the debt ceiling by $1.5 trillion or until March 31, 2024, whichever comes first. “We’ve heard that there’s something coming out today — a plan coming out today,” press secretary Karine Jean-Pierre told reporters Wednesday. “Speaker McCarthy is engaging in […]

The White House is downplaying the plan of House Speaker Kevin McCarthy (R-CA) to lift the debt ceiling by $1.5 trillion or until March 31, 2024, whichever comes first.

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Debt Ceiling Joe Biden Kevin McCarthy