Biden praised "both sides" in his Oval Office speech on the debt limit deal — and traced part of his success to an exchange with Republicans who heckled him.

Debt options abound, but can Biden, McCarthy strike a deal? By Associated Press via quickwire May 9, 2023 Updated Jun 7, 2023 4 min to read ...

Biden released his budget in March and urged McCarthy to do the same; instead, he passed a Republican-only-backed bill that increases the US debt ceiling by $1.5 trillion and calls for $4.8 ...

President Joe Biden said Thursday afternoon that he's had several "productive conversations" with House Speaker Kevin McCarthy and their teams are "making progress" on debt ceiling talks.

WASHINGTON — Debt-limit talks shifted into an encouraging new phase Tuesday as President Joe Biden and House Speaker Kevin McCarthy named top emissaries to negotiate a deal to avert an ...

WASHINGTON — Veering away from a default crisis, the House approved a debt ceiling and budget cuts package late Wednesday, as President Joe Biden and Speaker Kevin McCarthy assembled a ...

But Biden and McCarthy assembled a bipartisan coalition, with Democrats ensuring passage on a robust 314-117 vote. All told, 71 House Republicans broke with McCarthy to reject the deal.

Speaker of the House Rep. Kevin McCarthy is battling members of his own caucus over spending, debt, and talk of a possible government “shutdown” all week, and in a press gaggle on Saturday ...

In addition to canceling student loan debt, Biden will extend the repayment pause until Dec. 31. He said this will be the last extension of the pause, which began due to the pandemic.

Guest Essay Biden’s Chief Economist: The Chart That Convinced Me Our Debt Is a Serious Problem July 9, 2025 Photo illustration by the New York Times Listen to this article · 5:25 min Learn more ...