President Joe Biden speaks during a news conference following the Group of Seven leaders summit on May 21 in Hiroshima, Japan. House Speaker Kevin McCarthy speaks during a weekly news conference May 28, 2020 on Capitol Hill in Washington, DC. Biden on Sunday called Republican demands for sharp spending cuts unacceptable. He spoke with McCarthy about debt-ceiling and budget negotiations on his flight back from Japan.
While Republicans are calling for an increase in military spending, veterans care and border security, they're demanding steep cuts to other programs. Biden said that the GOP bill to avoid a default would result in 21 million people losing Medicaid in addition to cutting 100,000 teachers and 30,000 law enforcement officers.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:
Loans Loans Latest News, Loans Loans Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Biden looks to deal directly with McCarthy on debt ceiling: Republicans 'have to move as well'Biden on Sunday hammered Republicans over what he called 'extreme positions' on raising the debt ceiling as the nation careens toward a potentially catastrophic default LATEST: Pres. Biden and Speaker McCarthy plan to meet on Monday to negotiate directly on debt ceiling.
Source: ABC - 🏆 471. / 51 Read more »
Ted Cruz accuses Biden of 'scaremongering' on debt ceiling as Biden complains of 'MAGA Republicans'Sen. Ted Cruz says Joe Biden doesn't want to negotiate over the debt ceiling, argues he would rather blame Republicans to appease the radical Democrats.
Source: FoxNews - 🏆 9. / 87 Read more »
Biden, McCarthy to meet Monday for debt limit talks after 'productive' callPresident Joe Biden says Republicans in the U.S. House must move off their 'extreme positions' on the now-stalled talks over raising America's debt limit and that there will be no agreement to avert a catastrophic default only on their terms.
Source: AP - 🏆 728. / 51 Read more »
Debt ceiling negotiations: Joe Biden and Kevin McCarthy pledge more talks amid partisan rancorPresident Joe Biden and House Speaker Kevin McCarthy talk about the way forward as the possibility of U.S. default looms.
Source: USATODAY - 🏆 100. / 63 Read more »
Biden, McCarthy to meet at White House amid deadlock in debt limit talksHouse Speaker Kevin McCarthy is to meet Monday with President Biden at the White House in hopes of forging a breakthrough on a deal to cut spending and raise the debt limit.
Source: WashTimes - 🏆 235. / 63 Read more »
Biden, McCarthy to meet Monday for debt limit talks after ‘productive’ callGOP lawmakers are holding tight to demands for sharp spending cuts, rejecting the alternatives proposed by the White House for reducing deficits.
Source: wsfa12news - 🏆 338. / 59 Read more »