McConnell Says It’s McCarthy’s Job To Reach Debt Ceiling Deal

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McConnell Says It’s McCarthy’s Job To Reach Debt Ceiling Deal
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McConnell told reporters he does not plan to take an active role in debt ceiling talks since he “can’t imagine any kind of debt ceiling measure” will come out of the Democratic-controlled Senate and then pass the Republican-majority House.

Senate Minority Leader Mitch McConnell told reporters Tuesday he plans to take a hands-off approach to overcoming the standoff between the White House and Congressional Republicans overThen-House Minority Leader Kevin McCarthy is seen after a meeting about avoiding aCQ-Roll Call, Inc via Getty ImagesMcConnell said he “can’t imagine any kind of debt ceiling measure” that could pass the Democratic-controlled Senate and also pass the Republican-majority House.

The senator said he can only see a solution coming through negotiations between McCarthy and President Joe Biden, but the two sides seem far from an agreement. McCarthy vowed he would demand significant spending cuts in exchange for raising the debt ceiling as part of a deal he made with a hard-right contingent of House Republicansearlier this month, but the White House has repeatedly said spending cuts are off the table.

McConnell endorsed the idea of reduced spending in exchange for raising the debt ceiling, calling it an “entirely reasonable” proposal.“I wish him well in talking to the president. That’s where the solution lies,” McConnell said.to avoid a default while Congress and the White House hash out a deal. The U.S. has never defaulted on its debt before, and there would likely be disastrous economic consequences if it ever does.

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