President Biden and House Speaker Kevin McCarthy are scheduled to meet at the White House on Wednesday as Republican lawmakers push to tie spending cuts to an increase in the debt ceiling
President Biden and House Speaker Kevin McCarthy plan to meet at the White House on Wednesday as Republican lawmakers push to tie spending cuts to an increase inMr.
McCarthy, who unveiled the timing of the previously announced meeting in an interview Sunday on CBS’s “Face the Nation,” said lawmakers should implement a plan to cut spending and lower the country’s future debt load and not simply raise the existing $31.4 trillion borrowing limit.
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