Posted on

Republicans question June 1 debt ceiling deadline as talks zero in on potential trade-offs


US House Speaker Kevin McCarthy (R-CA) speaks to the media as he leaves a meeting on the debt ceiling with US President Joe Biden at the White House in Washington, DC, on May 22, 2023. Andrew Caballero-Reynolds | AFP | Getty ImagesWASHINGTON — A significant group of House Republicans raised questions Tuesday about whether the Treasury Department’s June 1 deadline to avoid a potential U.S. debt default was accurate.”We’d like to see more transparency on how they come to that date,” House Majority Leader Rep. Steve Scalise said Tuesday at a news conference.Scalise also said he believed that Treasury Secretary Janet Yellen’s latest comments, out Monday, “implied that it’s June 1, or later, giving some openness to the idea that June 1 may not be the so called X-date.”Yellen released a new letter to congressional leaders Monday that appeared to say the opposite of what Scalise cl …

Read More