Leader McCarthy speaks on debt limit from US Capitol, Washington, USA - 15 May 2023
Republican Speaker of the House Kevin McCarthy (L) speaks to reporters about negotiations with the White House over the debt limit as he walks to the House floor in the US Capitol in Washington, DC, USA, 15 May 2023. McCarthy and Congressional leaders are scheduled to resume discussions on the debt ceiling with US President Biden on 16 May. Secretary of the Treasury Janet Yellen has warned the US could default on its debt as early as 01 June 2023, if Congress fails to raise the debt limit.