President Joe Biden lambasted Republicans’ emerging trade-off plans to raise the nation’s debt limit only in exchange for spending cuts and other policy concessions
By JOSH BOAK, SEUNG MIN KIM and ZEKE MILLER
This week’s split-screen presentations, which began with McCarthy delivering a speech on Wall Street, vividly displayed how Biden and the speaker are talking to two very different Americas. Commenting in kind, McCarthy said, “President Biden is skipping town to deliver a speech in Maryland rather than sitting down to address the debt ceiling.” He also insisted that House Republicans were the ones acting responsibly by insisting on reining in the federal government’s spending habits.
The California Republican argues excess government spending is driving up inflation, empowers China and threatens the future of Social Security and Medicare. Complicating things for McCarthy, he is facing pressure not to give ground from conservatives in his razor-thin House majority who earlier this year delayed his elevation to the speakership.
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