House Speaker Kevin McCarthy to Meet With Biden, Expected to Discuss Debt Ceiling

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President Biden and House Speaker Kevin McCarthy are scheduled to meet at the White House on Wednesday as Republican lawmakers push to tie spending cuts to an increase in the debt ceiling

President Biden and House Speaker Kevin McCarthy plan to meet at the White House on Wednesday as Republican lawmakers push to tie spending cuts to an increase inMr.

McCarthy, who unveiled the timing of the previously announced meeting in an interview Sunday on CBS’s “Face the Nation,” said lawmakers should implement a plan to cut spending and lower the country’s future debt load and not simply raise the existing $31.4 trillion borrowing limit.

 

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Start with repealing tax cuts for the wealthy and tax breaks for Corporations

I propose that the present income limit that has set for high income earners of $160,200 (2023) is eliminated, and 6.2% is taken from 100% of one's salary.

Imperative, with a early timeframe to STOP borrowing.

Easy revoke the tax breaks for corporations and wealth that trump approved.

Must have spending cuts. How about a Balanced Budget Amendment? We paid $850+ Million in interest on our debt last year alone. Irresponsible.

Funny the Democrat just passed trillion dollar bill and you're blaming it on the Republicans?

Remind me again why the GOP didn't do this when they had control of the House, the Senate and the White House under Trump and chose instead to blow up the deficit?

The money printing and the government spending are the root causes of inflation

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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 »