House Senate leaders return to Debt Limit Debate
We ran the numbers:
There are 2,075 news articles covering this topic.
24% (502) are left-leaning, 55% (1,133) are centrist, and 21% (440) are right-leaning.
On Monday, House Speaker Kevin McCarthy (R-Calif.) announced that Congress would return to the debate about the debt limit crisis and that a vote to raise the debt ceiling will occur “in the coming weeks.” Left-leaning articles highlight that McCarthy rebuked President Joe Biden in his address for refusing to participate in budget-cutting negotiations, while right-leaning articles highlight that McCarthy’s motivations for passing the debt bill include his claim that discretionary spending has skyrocketed in the past two years.
The Hill published a centrist article reporting that McCarthy delivered a statement at the New York Stock Exchange previewing the next steps in the debt limit crisis. He added that the bill will bring discretionary funding back to 2022 levels, but it will not touch Medicaid and Social Security. The Hill reported that Senate Majority Leader Chuck Schumer (D-N.Y.) criticized McCarthy’s plan, saying “he could well take this country to default.”
A left-leaning article by The Washington Post highlighted that in McCarthy’s speech, he rebuked President Joe Biden for refusing to engage in negotiations about budget cuts to avoid the debt limit crisis. The White House responded, saying that McCarthy is participating in “dangerous economic hostage taking” and urging him to pass the debt ceiling increase without strings attached. The Post highlighted that McCarthy has had trouble rallying support from the GOP to pass his budget-cutting debt bill.
A right-leaning article by Fox News highlighted that McCarthy vowed to pass the debt bill, which would limit subsequent spending increases to just 1% per year over a decade, after discretionary spending surged in the past couple of years. He also indirectly addressed Schumer’s criticisms of the debt bill as “draconian,” shooting back that the spending cuts would only revert to the same spending limits as last year. McCarthy added that he will continue to push for negotiations with the White House.