A large number of Republicans made demands from the Speaker of the US House of Representatives. Kevin McCarthy make important concessions Joe Biden On public debt. This was reported by The Washington Post.
Representatives of the legislative and executive authorities are close to agreement on the prevention of default. The White House and Congress are proposing to raise the national debt ceiling by two years while limiting spending on a number of government programs.
Some Republicans disagree with such conditions and believe that Kevin McCarthy should insist on a substantial reduction in public spending. The publication states that “elephants” can break the contract even before the release of the official document.
Earlier, it was reported that the US started a countdown to a possible default amid heated debate over the situation regarding public debt.
Source: Riafan
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