- The speaker and the president have already met once at the White House on the matter and remain deadlocked over raising the nation’s $31.4 trillion debt ceiling.
- McCarthy’s comments before Biden’s State of the Union address Tuesday night did not suggest any compromise in his and Biden’s so-far entrenched positions.
- The White House has said the president will discuss federal spending cuts with Republicans only after the debt ceiling is lifted, while McCarthy has said Republicans will lift the ceiling only if Biden agrees to spending cuts.
