Chairman McCarthy said there was no agreement other than continuing the dialogue.
Tŷ Gwyn “We had an honest and direct conversation”
“It is a collective duty not to allow an economically catastrophic deficit.”
The US government’s $31 trillion debt ceiling has reached its limit and is on the verge of default.
As a result, President Biden and Republican House Speaker McCarthy met for the first time to discuss the issue of raising the debt ceiling, but did not achieve any results.
Reporter Han Young-kyu reports.
US President Joe Biden and Republican House Speaker Kevin McCarthy met privately for about an hour at the White House for the first time, but little came of results.
“There has been no agreement or commitment other than continuing the dialogue,” McCarthy said.
He then expressed his willingness to reach an agreement, saying that his role is to increase the debt ceiling but stop reckless government spending.
[케빈 매카시 / 미 하원의장 : 좋은 만남이라고 생각합니다. 대화를 계속하기로 했습니다. 합의에 도달할 수 있는지 볼 것입니다. 결국에는 공통점을 찾을 수 있을 것 같습니다. 정말 그렇습니다.]
The White House also said that both sides had decided to continue the negotiations, saying that they had had an “honest and direct conversation.”
President Biden said, “As affirmed by leaders of both parties, it is a common duty not to allow a deficit that is unprecedented and economically disastrous.”
[카린 장-피에르 / 백악관 대변인 : 대통령은 긴밀히 협력하기를 기대하고 있으며 선의의 초당적 방식으로 일할 의향이 있는 공화당원들과 함께 할 수 있는지 알아내려고 노력하고 있습니다.]
The White House is demanding that Republicans raise the debt ceiling immediately, without preconditions, to avoid disaster for the US and the global economy.
But Republicans, who won a majority in the House of Representatives, have introduced cuts in government spending as a prerequisite for raising the debt ceiling.
Currently, the US government debt ceiling is 31.4 trillion dollars, which is 3 trillion 820 trillion won in our money.
Since the 19th of last month, the US Treasury Department has been implementing special measures to avoid debt defaults and defaults due to debt ceiling issues.
The annual government debt ceiling negotiations are expected to eventually reach an agreement, but there are also forecasts that it will be difficult to avoid an extreme conflict like in 2011 because there are many hard-line conservative lawmakers in the Republican Party.
This is Han Young-gyu’s YTN.
YTN Youngkyu Han (email@example.com)
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