Senate Minority Leader Mitch McConnell on Tuesday endorsed House Republicans’ demands for spending cuts in exchange for raising the nation’s borrowing limit to avoid defaulting on U.S. debts.
“I think it is entirely reasonable for the new speaker and his team to put spending reductions on the table,” he said.
But the Kentucky Republican said Speaker Kevin McCarthy of California will need to lead negotiations with President Biden to strike an agreement that can muster enough support among ultra-conservatives in the House.
A bipartisan deal struck in the Democratic-led Senate won’t work this time around — as has been done in previous years with many contentious spending issues — given the Republican-majority House, Mr.