(RestoreAmericanGlory.com) – In order to avoid a government shutdown, House Speaker Kevin McCarthy may be forced to break one of the promises he made to Republicans.
June 1 is the tentative date that the U.S. will be unable to fulfill its financial obligations and thus default on its debts. This date was announced by Treasury Secretary Janet Yellen and is currently two weeks away while the White House and Congress are still negotiating to increase the debt limit.
On Tuesday, McCarthy met with President Joe Biden, pushing for a deal to be reached, especially as the Senate will often take a week before being able to process a bill. This means that McCarthy could potentially have less than a week to reach an agreement, and the vote would only be reviewed by lawmakers for 72 hours before needing to be voted on the House floor.
McCarthy further revealed to reporters on Tuesday that there was a chance of them being able to reach a deal within this week, but that currently, the two sides were “very far apart.” If they do manage to make a deal by Sunday, then Congress would have around 10 days to pass the package. This would allow McCarthy to uphold the three-day review promise that he had previously made.
The House Speaker has agreed to the 72-hour provision as he is trying to secure his position and win the Speaker’s gavel. In January, a new House rule was also approved, which changed the way in which conservatives would interact with McCarthy in elections.
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