05.17.23

McConnell On Debt Limit Negotiations: “Glad The President Has Taken My Advice”

‘I’m glad the President has taken my advice. It’s encouraging that the White House is now engaging seriously with the only counterpart that can help deliver an actual solution… I’m hopeful the President’s team will join House Republicans to produce a responsible spending agreement to raise the debt ceiling.’

WASHINGTON, D.C. – U.S. Senate Republican Leader Mitch McConnell (R-KY) delivered the following remarks today on the Senate floor regarding the debt limit:

“Yesterday, President Biden took one step toward the debt limit solution we’ve been laying out for him for months.

“After meeting with Speaker McCarthy, the President finally designated specific members of his staff to negotiate with the Speaker’s Office directly.

“I’m glad the President has taken my advice. It’s encouraging that the White House is now engaging seriously with the only counterpart that can help deliver an actual solution.

“But because it took the President three months to start dealing in reality, time is now running out.

“So I’m hopeful the President’s team will join House Republicans to produce a responsible spending agreement to raise the debt ceiling.

“And I will continue to support Speaker McCarthy one hundred percent.”

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Related Issues: Debt And Deficits, Senate Democrats