President Biden, House Speaker Kevin McCarthy to meet at the White House Wednesday to discuss a range of issues, including ways to reach an agreement to raise the debt ceiling.
Fox News congressional correspondent Chad Pergram has the latest on the congressional battle over the debt ceiling on "Special Report with Bret Baier."will meet at the White House on Wednesday to discuss a range of issues, including ways to reach an agreement to raise the debt ceiling while satisfying both sides of the aisle.
"Will the Speaker commit to the bedrock principle that the United States will never default on its financial obligations?" they wrote."And does he agree with former presidents, including President Trump and Reagan, that it is critical to avoid debt limit brinksmanship?" The White House has slammed House Republicans, who insist on significant spending cuts before agreeing to raise the government's borrowing limit.
McCarthy and Republicans have said that now that the ceiling has been reached, it is a good time to discuss a more fiscally responsible plan that stops the rapid expansion of the national debt."I'm not interested in playing political games," McCarthy said."I'm coming to negotiate for the American people."
Speaker of the House Kevin McCarthy expressed his plans to discuss a balanced budget in-person with the president, saying that "every family does it, every business, every state, every county."has drawn a red line at cuts to Social Security and Medicare, with White House spokesperson Andrew Bates accusing Republicans of trying to cut"vital lifelines for the middle class that Americans pay into throughout their lives.
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House Speaker McCarthy, Biden to discuss debt limit and spending on WednesdayPresident Joe Biden and House of Representatives Speaker Kevin McCarthy will meet at the White House on Wednesday for talks in the standoff over the federal debt ceiling and prospect for a U.S. default.
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