U.S. House Speaker McCarthy Says He Thinks U.S. Will Not Default

19
1
Favorite

U.S. House Speaker McCarthy Says He Thinks U.S. Will Not Default

Reuters2023-05-17

WASHINGTON, May 17 (Reuters) - House Speaker Kevin McCarthy on Wednesday said he believed the United States will not default on its debt now that congressional leaders and President Joe Biden's administration are sitting down and negotiating.

"I think at the end of the day, we do not have a debt default," McCarthy said in an interview with CNBC.

"The thing I'm confident about is now we have a structure to find a way to come to a conclusion. The timeline is very tight. But we're going to make sure we're in the room and get this done."

McCarthy defended Republican proposals to impose spending caps and work requirements for Americans who receive some federal benefits, saying both would help the U.S. economy.

McCarthy also said there would not be a discussion on taxes in the current negotiations with the White House on raising the U.S. debt ceiling.

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Report

Comment（1）

Sallyoo
·2023-05-18
H
Reply
Like
Report

Most Discussed

7x24

All

Terms and Conditions·Privacy Policy

Company: TTMF Limited. Tech supported by Xiangshang Yixin.

Email：uservice@ttm.financial

{"i18n":{"language":"en_US"},"data":{"share":"https://ttm.financial/m/news/1180116492?lang=en_US&edition=fundamental","thumbnail":"","is_english":true,"pubTime":"2023-05-17 20:32","share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","id":"1180116492","market":"us","top_or_hot":-1,"title":"U.S. House Speaker McCarthy Says He Thinks U.S. Will Not Default","media":"Reuters","content":"<html><head></head><body><p>WASHINGTON, May 17 (Reuters) - House Speaker Kevin McCarthy on Wednesday said he believed the United States will not default on its debt now that congressional leaders and President Joe Biden&#39;s administration are sitting down and negotiating.</p><p style=\"text-align: start;\">&#34;I think at the end of the day, we do not have a debt default,&#34; McCarthy said in an interview with CNBC.</p><p style=\"text-align: start;\">&#34;The thing I&#39;m confident about is now we have a structure to find a way to come to a conclusion. The timeline is very tight. But we&#39;re going to make sure we&#39;re in the room and get this done.&#34;</p><p>McCarthy defended Republican proposals to impose spending caps and work requirements for Americans who receive some federal benefits, saying both would help the U.S. economy.</p><p style=\"text-align: start;\">McCarthy also said there would not be a discussion on taxes in the current negotiations with the White House on raising the U.S. debt ceiling.</p></body></html>","source":null,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>U.S. House Speaker McCarthy Says He Thinks U.S. Will Not Default</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nU.S. House Speaker McCarthy Says He Thinks U.S. Will Not Default\n</h2>\n\n<h4 class=\"meta\">\n\n2023-05-17 20:32 北京时间&nbsp;&nbsp;&nbsp;<strong>Reuters</strong>\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>WASHINGTON, May 17 (Reuters) - House Speaker Kevin McCarthy on Wednesday said he believed the United States will not default on its debt now that congressional leaders and President Joe Biden's ...</p>\n\n<a href=\"\">Source Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":".SPX","symbol_name":"S&P 500 Index","start_time":0,"source_url":"","article_id":"1180116492","we_media_id":"1036604489","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=1180116492","pubTimestamp":1684326777,"sourceInfo":null,"weMediaInfo":{"media_name":"Reuters","introduction":"Reuters.com brings you the latest news from around the world, covering breaking news in markets, business, politics, entertainment and technology","home_visible":1,"id":"1036604489","head_image":"https://static.tigerbbs.com/443ce19704621c837795676028cec868"},"summary":"WASHINGTON, May 17 (Reuters) - House Speaker Kevin McCarthy on Wednesday said he believed the United","collect":0,"end_time":0,"defaultTopTitle":"","property":[],"viewcount":null,"language":"en","relate_stocks":{".SPX":"S&P 500 Index",".DJI":"道琼斯",".IXIC":"NASDAQ Composite"},"translate_title":"美国众议院议长麦卡锡说，他认为美国不会违约","themeId":"b92eeec995bc4514a229a775758bf10d","isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{".DJI":0.9,".IXIC":0.9,".SPX":0.9},"content_text":"WASHINGTON, May 17 (Reuters) - House Speaker Kevin McCarthy on Wednesday said he believed the United States will not default on its debt now that congressional leaders and President Joe Biden's administration are sitting down and negotiating.\"I think at the end of the day, we do not have a debt default,\" McCarthy said in an interview with CNBC.\"The thing I'm confident about is now we have a structure to find a way to come to a conclusion. The timeline is very tight. But we're going to make sure we're in the room and get this done.\"McCarthy defended Republican proposals to impose spending caps and work requirements for Americans who receive some federal benefits, saying both would help the U.S. economy.McCarthy also said there would not be a discussion on taxes in the current negotiations with the White House on raising the U.S. debt ceiling.","kind":"news","is_publish_news":true,"is_publish_highlight":true,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"0","news_tag":"","news_rank":0,"symbols":[],"gpt_button":1},"commentList":[{"id":9970629705,"gmtCreate":1684404738807,"gmtModify":1684404741978,"author":{"id":"3575444016531170","authorId":"3575444016531170","name":"Sallyoo","avatar":"https://static.tigerbbs.com/41b2ed5423d3f03bc394c43d718c92cd","vip":1,"crmLevel":3,"crmLevelSwitch":0,"idStr":"3575444016531170","authorIdStr":"3575444016531170"},"htmlText":"H","listText":"H","text":"H","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9970629705","repostId":1180116492,"repostType":2,"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"}],"hasMoreComments":true,"newsSizeData":{"likeSize":19,"commentSize":1,"repostSize":1,"favoriteSize":0,"likeStatus":false,"favoriteStatus":false}}