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Biden Open to Debt-Limit Meeting With McCarthy If Default Is Ruled Out

Biden willing to discuss debt ceiling with McCarthy if default is ruled out; Democrats reject link between debt ceiling and spending cuts; Treasury to release new estimate of debt ceiling breach.

  • Biden willing to meet with McCarthy to discuss raising debt ceiling.
  • McCarthy pushing for bill linking debt ceiling increase to spending cuts.
  • Democrats reject link between debt ceiling and spending cuts.
  • Treasury to release new estimate of debt ceiling breach.
Biden Open to Debt-Limit Meeting With McCarthy If Default Is Ruled Out
President Joe Biden said he’d be glad to sit down with House Speaker Kevin McCarthy to discuss raising the US debt ceiling — if McCarthy took default off the table.

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