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02.05 - 17:37
McCarthy Says Text of Bill Raising Debt Ceiling Will Be Ready Soon
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WASHINGTON—House Speaker Kevin McCarthy said he was pushing to begin writing the text of legislation raising the debt ceiling as Republicans said they expected to see the bill soon and vote on it next week, before the start of a recess in May.
“You will see the text very shortly,” Mr. McCarthy (R., Calif.) told reporters Tuesday, without giving a specific timeline.
Read more on wsj.comAbout this in other media
Here’s What Treasury, Fed Might Do in a Debt Ceiling Crisis wsj.com /1 year ago
House Democrats Try to Force Vote on Debt Ceiling wsj.com /1 year ago
Treasury Chief Janet Yellen Says U.S. Risks Default as Soon as June 1 Without Debt Ceiling Increase wsj.com /1 year ago
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