House Speaker McCarthy to meet President Biden on Wednesday to discuss debt ceiling, spending cuts

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House Speaker Kevin McCarthy said he will meet with President Joe Biden on Wednesday to discuss the debt ceiling and potential spending cuts.

McCarthy told CBS' Face the Nation that the meeting will involve a"reasonable and responsible" way to both lift the debt ceiling to avert a U.S. default and also cut spending., discussions in Congress have intensified surrounding raising the debt ceiling to avoid an economic crisis if the U.S. defaults on its debts.

McCarthy and House Republicans are hoping to leverage the need to raise the debt ceiling in order to negotiate concessions from Democrats on spending cuts.Stay in the conversation on politics: "I will not let anyone use the full faith and credit of the United States as a bargaining chip. In the United States of America we pay our debts," said Biden in a speech Thursday in Virginia."I know the president said he didn't want to have any discussions, but I think it's very important that our whole government is designed to find compromise," the speaker said.

"I want to sit down together, work out an agreement that we can move forward to put us on a path to balance and at the same time not put any of our debt in jeopardy," McCarthy continued.

 

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Stop spending money that we don't have. Biden and Democrats have done the worst thing you can do for the economy-- print more money and discourage economic growth. This will cause harm to Americans for years to come

Potus please don't give him an inch.

Here’s hoping that the spending cuts are not “potential” but fact. We are spending ourselves to oblivion. The madness has to stop somewhere.

'In the United States of America we pay our debts' - Joe Biden. Not when it comes to student debt though.

Be careful Kevin ,Olde Joe shits his britches daily.

here he comes now

Will SpeakerMcCarthy bring “George” “Santos” with him to the meeting?

SpeakerMcCarthy needs to end the tax cut for the wealthy and get his testes back from Marge

Shut it down. Don't be a Rino like Mitch

Biden is a good man to take the time to talk to this piece of garbage.

Biden says “Get the hell out of here”

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House Speaker McCarthy will meet with Biden on debt ceiling, spendingU.S. House of Representatives Speaker Kevin McCarthy said on Sunday that he will meet with President Joe Biden on Wednesday to discuss raising the federal debt ceiling while controlling government spending, adding that Republicans will not allow a U.S. debt default. I’d love to be a fly on the wall. STOP GIVING MONEY TO A FAKE WAR IN UKRAINE OUR COUNTRY IS NOT THE WORLD BANK! Will the GOP reveal the details of their plan or is this just more theatrics?
Source: Reuters - 🏆 2. / 97 Read more »