President Biden is set to meet at the White House with House Speaker Kevin McCarthy as the debt-ceiling deadline approaches
WASHINGTON—President Biden is set to meet with House Speaker Kevin McCarthy as the debt-ceiling deadline approaches and the two remain far from an agreement to avoid the first-ever default on the nation’s debt.
The meeting Wednesday afternoon at the White House comes as Republicans in their new House majority have said they want an agreement to cut government spending in exchange for voting to increase the nations, but haven’t agreed among themselves on what cuts they want. The White House has insisted that there will be no negotiating over the debt limit and called on Congress to raise it without conditions, even though past presidents of both parties have negotiated on the topic.
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