Speaker McCarthy is prepping his bid for a unified House GOP strategy on the debt ceiling standoff. But his opening offer is full of potential pitfalls — including an expiration date that would tee up another fiscal fight months before the 2024 election.
Speaker Kevin McCarthy is accelerating the long-stalled push for a unified House GOP strategy in Washington’s high-stakes debt ceiling standoff.
But McCarthy and members of his leadership team are hard at work behind the scenes. That includes two months of rank-and-file “listening sessions” with House Majority Whip Tom Emmer — six to 10 members at a time — and broader talks led by McCarthy and Rep. Garret Graves among various factions within the conference, designed to solicit ideas.
McCarthy is slated to deliver a speech Monday at the New York Stock Exchange that’s expected to focus on the debt limit. The flurry of new activity comes as the nation’s borrowing power to pay its bills is set to run out as soon as this summer. The bipartisan Problem Solvers Caucus has also presented its own ideas to members in Zoom meetings over the recess.” for the Republican Study Committee, but is now pushing for a specific timeline. He added that while leadership had to be wary of “deal killers,” Republicans are well-positioned to be able to hold a vote by the end of this month.
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