Biden, McCarthy meet at White House on debt crisis worries

McCarthy all but invited himself to the White House, pushing to start the conversation before a summer debt deadline.

He vowed then to work to return federal spending to 2022 levels — an 8% reduction.

Biden has resisted direct negotiations over raising the nation’s legal debt ceiling, warning against potentially throwing the economy into chaos.

He also promised to take steps to balance the budget within the decade — an ambitious, if politically unattainable goal

President Joe Biden and House Speaker Kevin McCarthy met face-to-face for high-level budget talks Wednesday at the White House, AP reports. (LaPresse)

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