House Speaker Kevin McCarthy (R-CA) is giving remarks on the latest developments in the debt ceiling negotiations between congressional leaders and the White House.
McCarthy is expected to begin speaking at 11:45 a.m. This week looks to be critical, with the June 1 “X-date” rapidly approaching.
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The negotiations still have various sticking points to be worked out, per reports, as both sides continue to make clear their “red lines” for spending cuts.
