White House stresses hiking debt limit in bipartisan way after SpeakerMcCarthy meeting
Biden and McCarthy met primarily to discuss raising the debt ceiling, which expired after Republicans took control of the House in last year’s midterm elections.
“The President welcomes a separate discussion with congressional leaders about how to reduce the deficit and control the national debt while continuing to grow the economy,” the White House readout of the Biden-McCarthy meeting said. “This conversation should build on the President’s leadership in delivering a record $1.7 trillion in deficit reduction in his first two years in office.
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