Biden, House Republicans prepare for critical US debt-ceiling talks
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(Worthy News) – President Joe Biden and Republican House of Representatives Speaker Kevin McCarthy on Monday prepared for critical debt-ceiling talks, with a little more than two weeks to go before the U.S. government could run short of money to pay its bills.
Democratic and Republican staff were working to find common ground on spending levels and energy regulations before a 3 p.m. EDT (1900 GMT) Tuesday meeting between Biden, McCarthy and the three other top congressional leaders.
The White House has not ruled out the annual spending caps that Republicans say must accompany any increase in the nation’s $31.4 trillion debt limit. [ Source: Reuters (Read More…) ]
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