To save America from bankruptcy, the opposition Republican Party is also ready to sit down with President Biden, Speaker of the House Kevin McCarthy expressed his willingness to meet with President Biden on Wednesday.
Kevin McCarthy says President Biden should consider spending cuts instead of raising the debt ceiling.
He said that the loan limit can be increased by adopting a responsible attitude.
House Speaker Kevin McCarthy has agreed to a first meeting with President Biden on Wednesday.
President Biden has already said he will not negotiate on spending cuts.
The White House spokesman says that raising the debt ceiling is the country’s responsibility to avoid an economic crisis.
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