U.S. President Joe Biden and House Republican Speaker Kevin McCarthy will meet to discuss the debt ceiling on Monday, after a “productive” phone call as the president headed back to Washington, the two sides on Sunday.
McCarthy’s comments on Sunday appeared more positive than the increasingly heated rhetoric in recent days, as both sides reverted to calling the other’s position extremist and talks stalled.
The president later tweeted that he would not agree to a deal that protected “Big Oil” subsidies and “wealthy tax cheats” while putting healthcare and food assistance at risk for millions of Americans. After Sunday’s call, McCarthy said while there was still no final deal, there was an understanding to get negotiators on both sides back together before the two leaders met: “There’s no agreement. We’re still apart.”
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