Top US Republican McCarthy urges support for debt ceiling deal … – Reuters

WASHINGTON, May 30 (Reuters) – Top congressional Republican Kevin McCarthy on Tuesday urged members of his party to support a bipartisan deal to lift the $31.4 trillion U.S. debt ceilingand avoid a catastrophic default, ahead of a critical procedural vote.

The gatekeeper House of Representatives Rules Committee is due to consider the 99-page bill beginning at 3 p.m. EDT (1900 GMT) on Tuesday, ahead of votes in the Republican-controlled House of Representatives and the Democratic-controlled Senate.

Both Democratic President Joe Biden and House Speaker McCarthy have predicted that they will get enough votes to pass it into law before June 5, when the U.S. Treasury Department says it will not have enough money to cover its obligations.

McCarth…

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