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Biden and McCarthy talk by phone as final issues hold up debt ceiling agreement

By Cami Mondeaux, Reese Gorman
Published May 27, 2023 11:06pm ET
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Biden and McCarthy talk by phone as final issues hold up debt ceiling agreement
Chairman of the House Financial Services Committee Rep. Patrick McHenry (R-NC), accompanied by Speaker of the House Kevin McCarthy (R-CA), talks to reporters outside his office at the Capitol in Washington, May 22, 2023, following a meeting at the White House with President Joe Biden on the government's debt ceiling. McHenry has been a top negotiator in an attempt to find an agreement.

Speaker Kevin McCarthy (R-CA) and President Joe Biden are speaking by phone Saturday evening to discuss the items holding up the debt ceiling negotiations.

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Debt Ceiling Joe Biden Kevin McCarthy