President Biden and House Speaker Kevin McCarthy will meet face-to-face Wednesday afternoon as part of high-stakes talks to come to an agreement over extending the country’s debt ceiling to stave off a looming financial crisis.
Leading up to his meeting Wednesday with House Speaker Kevin McCarthy, President Biden has said he will not negotiate on raising the debt ceiling.But Republicans are reportedly split over how to reduce the deficit, with some calling for slashing the Pentagon’s budget and others favoring taking a knife to overall domestic spending.
House Speaker Kevin McCarthy says President Biden will have to come to the negotiating table on the debt ceiling – now or later.“If my kid charges up the credit card, I’m responsible for those [charges]. But I’m also responsible that I’m not going to just raise the limit and move on the same way,” the California Republican told Punchbowl News.
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House Speaker McCarthy, Biden to discuss debt limit and spending on WednesdayPresident Joe Biden and House of Representatives Speaker Kevin McCarthy will meet at the White House on Wednesday for talks in the standoff over the federal debt ceiling and prospect for a U.S. default.
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Biden, McCarthy to meet at White House amid debt ceiling fightPresident Biden, House Speaker Kevin McCarthy to meet at the White House Wednesday to discuss a range of issues, including ways to reach an agreement to raise the debt ceiling. Send a few Billion to Ukraine, eh Joey, it wont hurt, never mind the homeless or student debt relief you promised, make another ad with Bernie...? Maybe McCarthy can talk some sense into Biden. The USA is running out of food!
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