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US House Speaker McCarthy: Thinks we can make it all happen by debt deadline | Forexlive

Speaker of the House McCarthy saying he is optimistic in 3 different ways:

  • Thinks they can make it all happen by that deadline
  • We can get a deal tonight
  • We can get a deal tomorrow.

Saying “can” has been around from Day 1 of negotiations. “Will they be able to make it happen”, or “Will they get a deal tonight”, or “Will they get a deal tomorrow” is what NEEDS to be done.

Now the negative, McCarthy adds:

  • Nothing is agreed to in negotiations with Biden on US debt ceiling
  • Debt ceiling must be reached this week it to get it through Congress before June 1

/inflation