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Debt limit pressure tactics

CQ Budget, Episode No. 273

Speaker Kevin McCarthy, R-Calif., pressed President Joe Biden to resume debt limit talks while pushing for $4 trillion in deficit reduction over a decade.
Speaker Kevin McCarthy, R-Calif., pressed President Joe Biden to resume debt limit talks while pushing for $4 trillion in deficit reduction over a decade. (CQ Roll Call)

Speaker Kevin McCarthy and President Joe Biden traded letters over talks to raise the debt limit as each side sought to ramp up the pressure for a deal that would end a partisan standoff. CQ Roll Call’s David Lerman, Lindsey McPherson and Paul M. Krawzak assess the tactics used by both sides and the challenges facing Republicans in trying to produce a budget resolution.

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