CNBC's "Last Call" cover image

Biden, McCarthy Fail to Reach Debt Ceiling Deal as Default Risks Grow 5/22/23

CNBC's "Last Call"

00:00

The Tone of the Conversation With the President

House Speaker Kevin McCarthy says the main sticking point is actually about raising revenue. He wants a cap on spending and claw back COVID funds as well. Source: Health savings could be an area of potential alignment with Democrats.

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