Biden and McCarthy discuss debt crisis deal and red lines

According to Agence France-Presse, citing a source, US President Joe Biden is in talks with Republican House Speaker Kevin McCarthy over the US debt crisis.

On Saturday, a source familiar with the talks said Biden and McCarthy had discussed the final details of the debt deal to avert an economic disaster.

The source indicated that Biden also spoke with House Democratic Minority Leader Hakeem Jeffries and Senate Democratic Majority Leader Chuck Schumer.

On Saturday, talks continued and made progress, but negotiators are stuck on the final details of an agreement that both sides see as red lines.

When asked on Saturday morning whether the two sides would reach an agreement before the deadline, McCarthy replied, “I think we can actually get there,” but warned that some issues still remain thorny.

The main sticking point was the Republican demand that those who receive government support, such as food aid, must work for it.

In a video posted on Saturday, McCarthy said: “I don’t think it would be a good idea to borrow money from China to pay people who are healthy and who have no one to support and who are lying on the couch.”

For its part, White House spokesman Andrew Bates said that the Republicans are ready to endanger “more than eight million jobs by taking a piece of bread out of the mouths of hungry Americans.”

The New York Times and Washington Post reported, for example, that the deal would freeze some spending, but without hurting defense and veterans budgets.

Source: AFP.

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