GOP lawmakers are holding tight to demands for sharp spending cuts, rejecting the alternatives proposed by the White House for reducing deficits.
“Nothing’s agreed to at all. But all the discussions we had before, I felt that we were at a place where we could agree together that we would have compromise,” McCarthy said on Fox News Channel’s “Sunday Morning Futures.” “Now the president, even though he was overseas, thought to change places.”
GOP lawmakers are also seeking cuts in IRS money and asking the White House to accept parts of their proposed immigration overhaul. “I think that we can reach an agreement,” Biden said, though he added this about Republicans: “I can’t guarantee that they wouldn’t force a default by doing something outrageous.”
But with the June 1 X-date and Republicans putting their own legislation on the table, the White House launched talks on a budget deal that could accompany an increase in the debt limit.
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Biden, McCarthy to meet Monday for debt limit talks after 'productive' callPresident Joe Biden says Republicans in the U.S. House must move off their 'extreme positions' on the now-stalled talks over raising America's debt limit and that there will be no agreement to avert a catastrophic default only on their terms.
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Biden, McCarthy to meet at White House amid deadlock in debt limit talksHouse Speaker Kevin McCarthy is to meet Monday with President Biden at the White House in hopes of forging a breakthrough on a deal to cut spending and raise the debt limit.
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Biden, House Speaker McCarthy could speak Sunday on debt limitU.S. President Joe Biden and top congressional Republican Kevin McCarthy could speak as soon as Sunday in talks over raising the federal $31.4 trillion debt ceiling.
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Biden, House Speaker McCarthy to speak on debt limit“We’re going to get a chance to talk later today,” Biden said of McCarthy, R-Calif., while the president met with the leaders of Japan and South Korea at the G7 in Hiroshima, Japan.
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Biden plans call with House Speaker McCarthy Sunday on debt limit By Reuters*BIDEN PLANS CALL WITH HOUSE SPEAKER MCCARTHY SUNDAY ON DEBT LIMIT AS TALKS STALL 🇺🇸🇺🇸
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Biden, McCarthy to speak on debt limitPresident Joe Biden planned on Sunday to speak directly with House Speaker Kevin McCarthy, hoping to salvage talks to raise the debt limit that have stalled in recent days while he was abroad at the Group of Seven summit.
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