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2023.05.27 22:57 GMT+8

McCarthy says can meet June 5 deadline for U.S. debt ceiling deal

Updated 2023.05.27 22:57 GMT+8
CGTN

A deal to raise the U.S. Federal government's $31.4 trillion debt ceiling can be reached by a June 5 deadline, the top congressional Republican Kevin McCarthy said on Saturday.

"I feel closer to a deal now than I did a long time ago because I see progress, but this is not easy in any shape or form," McCarthy said.

Asked whether a deal can be reached by June 5, when the Treasury Department says the government would run short of funds to pay all its bills without congressional action, McCarthy said "yes".

Source(s): Reuters
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