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The Guardian - US
The Guardian - US
World
Gloria Oladipo

Bipartisan US debt ceiling talks restart as deadline moves closer – as it happened

A staffer with the Republican leadership holds a guide to Speaker Kevin McCarthy's debt ceiling package during a news conference at the Capitol
House Republicans have refused to raise the debt ceiling without deep budget cuts. Photograph: J Scott Applewhite/AP

Summary

That’s it for today’s live politics blog!

Here’s what happened today:

  • Senate minority leader Mitch McConnell has said he will be in the 9 May meeting on the debt ceiling, but emphasized that Biden has to negotiate with House speaker Kevin McCarthy. “There is no solution in the Senate,” said McCarthy to reporters on Tuesday.

  • A Florida woman faces two charges of battery – one a felony – after allegedly throwing a drink at the far-right Republican congressman Matt Gaetz.

  • Senate majority leader Chuck Schumer has said that Democrats will wait on a 9 May meeting between Biden and congressional leaders to decide if they will move forward on a clean debt ceiling push that would not include spending cuts, but added that Democrats will be pushing for a two-year full extension.

  • Illinois senator Dick Durbin said that he wants to move on a bill imposing a code of ethics on supreme court justices, but wants to make sure he has the votes, as California senator Dianne Feinstein remains absent from the Senate following a bout of shingles.

  • New York representative Alexandria Ocasio-Cortez said late on Monday that Feinstein should resign, joining a bipartisan chorus calling for Feinstein to step down amid absences from the Senate.

  • A new poll puts Donald Trump ahead of Florida governor Ron DeSantis among Republican primary voters in a hypothetical 2024 presidential primary election, as Trump continues to outperform DeSantis in several polls.

Thank you for reading! Check in for more updates tomorrow!

The White House’s economist warned against Republicans “playing games” with the US economy through the debt ceiling debate when interest rate increases are already having an averse impact on the economy, Reuters reports.

“The economy remains, it’s been strong. You don’t want to be pushing it off of the course that it’s on,” said Heather Boushey in an interview with Reuters.

Boushey added: “The Fed is raising interest rates in the hope of reducing inflation. That is having this negative effect on the banking sector. Why would we add to that?”

Boushey noted that raising the debt ceiling could remove the risk of a debt default, one that could take affect on 1 June.

Updated

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