met once earlier this month to talk about the debt limit, but expectations are low for quick progress as GOP lawmakers push for steep spending cuts in exchange for a debt ceiling deal.
Biden has since used his bully pulpit to accuse Republicans of plans to cut Medicare and Social Security programs. McCarthy, however, has said those cuts are not in the picture, as hasTreasury first used extraordinary measures in 1985 and has used them at least 16 times since, according to the Committee for a Responsible Federal Budget, a fiscal watchdog.
Trump responds to Ohio before Biden
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