Ahead of a phone call with House Speaker Kevin McCarthy (R-Calif.), Biden also said it was unclear whether invoking the 14th amendment could address the crisis, as it would likely face legal challenges.
for part of the day on Friday before resuming later that night. A final agreement is increasingly seen as one that hinges on a deal between House Speaker Kevin McCarthy and Biden, and the two are expected to talk by phone Sunday during Biden’s return flight to Washington. After huddling with fellow Republican negotiators at the Capitol on Saturday, McCarthy said it would be difficult for talks to resume before Biden gets back from his trip to Asia.
“They actually want to spend more money than we spent this year,” McCarthy told reporters Saturday. “We can’t do that. We all know how big this deficit is.”Biden said Democrats have already cut spending and would continue to do so, but he argued that the fundamental question is what spending baselines negotiators should use.
Biden aides offered what they viewed as a key concession by proposing that Congress largely hold spending constant on a wide swath of domestic programs, including education, scientific research and housing aid. The president’s negotiators also proposed essentially holding military spending flat for next year.
Australia Latest News, Australia Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Biden, House Speaker McCarthy could speak Sunday on debt limitU.S. President Joe Biden and top congressional Republican Kevin McCarthy could speak as soon as Sunday in talks over raising the federal $31.4 trillion debt ceiling.
Read more »
Biden, House Speaker McCarthy to speak on debt limit“We’re going to get a chance to talk later today,” Biden said of McCarthy, R-Calif., while the president met with the leaders of Japan and South Korea at the G7 in Hiroshima, Japan.
Read more »
Biden plans call with House Speaker McCarthy Sunday on debt limit By Reuters*BIDEN PLANS CALL WITH HOUSE SPEAKER MCCARTHY SUNDAY ON DEBT LIMIT AS TALKS STALL 🇺🇸🇺🇸
Read more »
House speaker has not called for US congressman's prosecutionPosts shared thousands of times across social media platforms say US House Speaker Kevin McCarthy has called for the 'immediate expulsion and possible prosecution' of Democratic Congressman Adam Schiff. This is false; the claims misconstrue the Republican leader's comments, which criticized Schiff for alleging former president Donald Trump's campaign colluded with Russia during the 2016 campaign.
Read more »
House Speaker McCarthy throws cold water on faltering debt ceiling negotiationsHouse Speaker Kevin McCarthy said Saturday that the debt ceiling negotiations with the White House are 'moving backward.'
Read more »
Biden wraps arm around Zelensky in show of support ahead of G7 talksPresident Biden gave Ukrainian President Volodymyr Zelensky a warm welcome at the G7 summit in Japan, putting his arm around the embattled leader’s shoulder ahead of their one-on-one meeting. Zelen…
Read more »