McCarthy: No dice on a short-term debt limit deal

“We shouldn’t kick the vote,” he told reporters. “Why kick the can down the road? Let’s solve it now.”

McCarthy made the remarks ahead of a planned meeting with President Joe Biden and other congressional leaders to discuss a resolution to the debt standoff. The pair have not met in person on the matter since February.

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[It might make sense to do a brief increase if a deal is taking shape and all sides are working in good faith. Until that happens, the House has already passed a debt-ceiling hike, and so it’s incumbent on Biden and Senate Democrats to either take it up or start negotiating a compromise. — Ed]

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