Biden, McCarthy Aim To Hammer Out Debt-Ceiling Compromise

The speaker pledged once again that cuts to Social Security and Medicare would be off the table.

AP/Andrew Harnik, file
President Biden meets with congressional leaders in November to discuss legislative priorities for the year. AP/Andrew Harnik, file

Speaker McCarthy says he is looking forward to discussing with President Biden a “reasonable and responsible way that we can lift the debt ceiling“ when the two meet Wednesday for their first sit-down at the White House since Mr. McCarthy was elected to the post.

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