US House speaker says Republicans could act on their own on debt ceiling

Kitco Media
By Reuters
Published:
Updated:
Reuters
WASHINGTON, March 30 (Reuters) - U.S. House Speaker Kevin McCarthy said on Thursday that Republicans could act on their own on the U.S. government's debt ceiling if President Joe Biden does not negotiate.


Biden, a Democrat, has insisted that Republicans who control the House of Representatives raise the $31.4 trillion debt ceiling without conditions and produce a fiscal 2024 spending plan before he will engage in talks about spending.
(Reporting by David Morgan; Writing by Rami Ayyub; Editing by Tim Ahmann)

Disclaimer: The views expressed in this article are those of the author and may not reflect those of Kitco Metals Inc. The author has made every effort to ensure accuracy of information provided; however, neither Kitco Metals Inc. nor the author can guarantee such accuracy. This article is strictly for informational purposes only. It is not a solicitation to make any exchange in commodities, securities or other financial instruments. Kitco Metals Inc. and the author of this article do not accept culpability for losses and/ or damages arising from the use of this publication.