Economic news

U.S. House Speaker McCarthy defends work requirements, spending caps in debt ceiling talks

2023.05.17 08:31


© Reuters. Speaker of the House Kevin McCarthy (R-CA) speaks at the the New York Stock Exchange (NYSE) in New York City, U.S., April 17, 2023. REUTERS/Brendan McDermid/File Photo

WASHINGTON (Reuters) – U.S. House of Representative Speaker Kevin McCarthy on Wednesday defended Republican proposals to impose work requirements for Americans who receive some federal benefits and spending caps, saying both would help the U.S. economy, the top Republican in Congress said in an interview with CNBC.

McCarthy also said there would not be a discussion on taxes in the current negotiations with the White House on raising the U.S. debt ceiling.

Source link

Related Articles

Back to top button
bitcoin
Bitcoin (BTC) $ 84,381.61 0.64%
ethereum
Ethereum (ETH) $ 1,611.47 1.79%
tether
Tether (USDT) $ 1.00 0.00%
xrp
XRP (XRP) $ 2.11 1.77%
bnb
BNB (BNB) $ 583.20 0.57%
solana
Solana (SOL) $ 127.76 1.71%
usd-coin
USDC (USDC) $ 1.00 0.00%
tron
TRON (TRX) $ 0.249818 1.05%
dogecoin
Dogecoin (DOGE) $ 0.155217 3.36%
cardano
Cardano (ADA) $ 0.619544 3.07%
staked-ether
Lido Staked Ether (STETH) $ 1,610.89 1.80%
wrapped-bitcoin
Wrapped Bitcoin (WBTC) $ 84,226.57 0.77%
leo-token
LEO Token (LEO) $ 9.36 0.24%
avalanche-2
Avalanche (AVAX) $ 19.45 4.79%
chainlink
Chainlink (LINK) $ 12.33 4.83%
stellar
Stellar (XLM) $ 0.237705 1.13%
usds
USDS (USDS) $ 1.00 0.01%
the-open-network
Toncoin (TON) $ 2.93 3.22%
shiba-inu
Shiba Inu (SHIB) $ 0.000012 2.86%
sui
Sui (SUI) $ 2.12 4.56%
wrapped-steth
Wrapped stETH (WSTETH) $ 1,930.57 2.22%
hedera-hashgraph
Hedera (HBAR) $ 0.159257 4.39%
bitcoin-cash
Bitcoin Cash (BCH) $ 323.65 1.24%
litecoin
Litecoin (LTC) $ 75.12 2.70%
polkadot
Polkadot (DOT) $ 3.58 4.18%
binance-bridged-usdt-bnb-smart-chain
Binance Bridged USDT (BNB Smart Chain) (BSC-USD) $ 0.999294 0.15%
bitget-token
Bitget Token (BGB) $ 4.30 0.16%
hyperliquid
Hyperliquid (HYPE) $ 15.33 2.82%
ethena-usde
Ethena USDe (USDE) $ 0.999529 0.01%
pi-network
Pi Network (PI) $ 0.669307 9.86%
weth
WETH (WETH) $ 1,609.87 2.21%
whitebit
WhiteBIT Coin (WBT) $ 27.67 0.64%
monero
Monero (XMR) $ 216.08 0.68%
wrapped-eeth
Wrapped eETH (WEETH) $ 1,718.89 1.83%
dai
Dai (DAI) $ 1.00 0.06%
uniswap
Uniswap (UNI) $ 5.24 3.32%
coinbase-wrapped-btc
Coinbase Wrapped BTC (CBBTC) $ 84,289.58 0.76%
okb
OKB (OKB) $ 51.12 3.73%
pepe
Pepe (PEPE) $ 0.000007 5.19%
aptos
Aptos (APT) $ 4.64 4.99%
gatechain-token
Gate (GT) $ 22.32 0.99%
tokenize-xchange
Tokenize Xchange (TKX) $ 33.70 0.17%
ondo-finance
Ondo (ONDO) $ 0.845714 4.43%
susds
sUSDS (SUSDS) $ 1.05 0.02%
near
NEAR Protocol (NEAR) $ 2.04 5.34%
blackrock-usd-institutional-digital-liquidity-fund
BlackRock USD Institutional Digital Liquidity Fund (BUIDL) $ 1.00 0.00%
mantle
Mantle (MNT) $ 0.699456 0.46%
internet-computer
Internet Computer (ICP) $ 4.80 2.06%
crypto-com-chain
Cronos (CRO) $ 0.083143 3.17%
ethereum-classic
Ethereum Classic (ETC) $ 14.97 3.52%