'Shrink the room:' How Biden and McCarthy struck a debt-limit deal and staved off a catastrophe
Perhaps most critical to locking up the debt-limit deal were President Joe Biden and House Speaker Kevin McCarthyโs five handpicked negotiators, three men and two women unknown to most outside government.
Debt ceiling talks stuck on classic problem: Republicans demand spending cuts and Democrats resist
Debt ceiling negotiations are locked on a classic problem that has vexed Washington before: Republicans led by House Speaker Kevin McCarthy want to roll back federal government spending, while President Joe Biden and other Democrats do not.
Who's who in the debt limit fight: Meet the four negotiators who could save the US from default
President Joe Biden and House Speaker Kevin McCarthy are turning to a select group of negotiators to help broker a deal to increase the nationโs borrowing authority and avoid the economic carnage that would ensue if a deal is not reached soon.