OnPolitics: Will McConnell be key to getting Biden, McCarthy to agree?

President Joe Biden and Senate Minority Leader Mitch McConnell brokered a deal in 2011 to avoid the nation from defaulting on its debt.

Read in browser Read in browser On Politics Mon May 8 2023 Hi there OnPolitics readers! This week is expected to restart the debt ceiling negotiations. President Joe Biden and House Speaker Kevin McCarthy will meet tomorrow along with other top congressional leaders, ending the three-month standoff over the looming debt ceiling deadline. While talks previously stalled between Biden and McCarthy on a deal to avoid the government from defaulting on its payments, Senate Minority Leader Mitch McConnell, R-Ky, could be a key player. Why McConnell?: Biden has showcased his ability to work with McConnell, Maureen Groppe writes, noting that the most significant compromise the pair has brokered during their decades long relationship may have been the 2011 deal to avoid a default while Biden was vice president. McConnell insists he's not a player in these negotiations, but Democrats view him as one. Why does this matter again?: Treasury Secretary Janet Yellen warned last week that the government could default on its debt as early as June 1 for the first time in U.S. history if Congress doesn't agree on a plan to raise the debt ceiling. And economists have warned that if the country defaults on its debt, it could have catastrophic results. 👁️‍🗨️ Keep reading: ' The luxury of shuttle diplomacy': McConnell could use ties to McCarthy and Biden to end debt fight 🗽 'A constitutional crisis': Janet Yellen warns against using 14th Amendment to end debt limit fight 📨 Get newsletter in your inbox: Don't miss our politics coverage. Sign up for OnPolitics. Can Kamala Harris reboot her image amidst low polling and GOP attacks? Republican attacks are hurting Vice President Kamala Harris' approval rating, Democrats say, and the White House is running out of time to help her. READ MORE Advertisement E. Jean Carroll v. Donald Trump: Attorneys make final arguments Attorneys for E. Jean Carroll are asking a jury to find ex-President Donald Trump liable for a rape in 1996 and order him to pay millions in damages. READ MORE 'I don't have anything in my refrigerator': GOP debt limit plan cuts SNAP benefits The GOP debt ceiling plan would cut SNAP benefits as millions of Americans are going hungry and living paycheck to paycheck. READ MORE How the 'tamale lady' became a political influence in Arizona The veto of an Arizona bill that would have legalized homemade tamale sales ignited a backlash among some Latinos, underscoring their political importance. READ MORE This week in politics: Clock ticking on debt limit, Title 42 Time is running out for Democrats and Republicans to reach a deal on raising the debt limit. Meanwhile, major trials wrap up this week in politics. READ MORE Sign up for the news you want Exclusive newsletters are part of your subscription, don't miss out! We're always working to add benefits for subscribers like you. SEE ALL NEWSLETTERS ➔ SEE ALL NEWSLETTERS ➔ Advertisement Newsletters   |    eNewspaper   |   Crosswords Follow Us Problem viewing email? View in browser Unsubscribe  •   Manage Newsletters  •  Terms of Service  •   Privacy Policy/Your California Privacy Rights  •  Privacy Notice  •   Do Not Sell My Info/Cookie Policy  •  Feedback