Republicans in the House of Representatives on Monday laid plans to advance a debt-ceiling deal with Democratic President Joe Biden starting Tuesday, with the aim of passing it through Congress before the U.S. government runs out of money early next week.
U.S. House Speaker Kevin McCarthy is trailed by reporters as he arrives for the day in the midst of ongoing negotiations seeking a deal to raise the United States' debt ceiling and avoid a catastrophic default, at the U.S. Capitol in Washington, U.S. May 26, 2023. REUTERS/Jonathan Ernst/File Photodebt-ceiling deal
Prospects are uncertain, as lawmakers on the left and the right have objected to the deal. Representative Raul Grijalva, a progressive Democrat, wrote on Twitter that its changes to environmental rules were "disturbing and profoundly disappointing." It would also shift some funding away from the tax-collecting Internal Revenue Service, though White House officials say thatHouse Speaker Kevin McCarthy, who negotiated the deal with Biden, has predicted it will draw the support of most of his fellow Republicans. House Democratic Leader Hakeem Jeffries said he expects support from his side of the aisle.
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