JOURNAL ARTICLE

Why Joe Biden, Who Loves to Make Deals, Is Not Offering One to Kevin McCarthy.

  • Published In: Time.com, 2023. P. 1 1 of 3

  • Database: Academic Search Ultimate 2 of 3

  • Authored By: Elliott, Philip 3 of 3

Abstract

The article focuses on President Joe Biden's evolving approach to negotiations regarding the debt ceiling, highlighting a shift from his typical optimistic stance to a more confrontational posture. As he prepares for discussions with House Speaker Kevin McCarthy, Biden is demanding that Republicans commit to not defaulting on the nation's debts and raising the borrowing limit. This change reflects advice from his advisers, who believe that a tougher stance is necessary to navigate the current political landscape of divided power in Washington. The article also notes the risks associated with failing to raise the debt ceiling, which could have severe economic consequences. [Extracted from the article]

Additional Information

  • Source:Time.com. 2023/02, p1
  • Document Type:Article
  • Subject Area:Social Sciences and Humanities
  • Publication Date:2023
  • ISSN:2476-2679
  • Accession Number:163622915
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