President Joe Biden and House Speaker Kevin McCarthy held debt-ceiling talks yesterday, with just about two weeks to go before the government runs out money to pay its bills. WRCR market analyst Ken Mahoney of Mahoney Asset Management in Chestnut Ridge says neither side is likely to come away with a complete win…
Rockland Congressman Republican Mike Lawler of the 17th District was called out and praised by the president when he was in Westchester last week speaking about the debt ceiling…
Lawler says he looks forward to the president working with McCarthy to lift the debt ceiling and rein in spending. Reuters reported the White House has not ruled out the annual spending caps that Republicans say must accompany any increase in the nation’s $31.4 trillion debt limit. After meeting for an hour yesterday, McCarthy said they remained far apart but added it is possible they can come to an agreement by the end of the week.