Biden, McCarthy Agree To Meet This Week Over Debt Ceiling

House Speaker Kevin McCarthy made the announcement Sunday that he would meet with President Biden Wednesday, after weeks of negotiating between the sides about meeting to discuss the debt ceiling.

  • McCarthy  said he is looking forward to discussing with Biden about a “reasonable and responsible way that we can lift the debt ceiling ” when they  meet for their first time on matter.
  • The California Republican said the event will be at the White House and the first the two have talked face-to-face about the matter since McCarthy won the speakership earlier this month.
  • “I want to sit down together, work out an agreement that we can move forward to put us on a path to balance — and at the same time not put any of our debt in jeopardy at the same time.”