President Joe Biden and House Speaker Kevin McCarthy met face-to-face for more than an hour of budget talks but expectations were low for quick progress as GOP lawmakers push for steep cuts in a deal to prevent a national debt limit crisis.
House Speaker Kevin McCarthy of Calif., talks with reporters outside the West Wing of the White House in Washington following his meeting with President Joe Biden, Wednesday, Feb. 1, 2023.
The House speaker arrived for the afternoon session carrying no formal GOP budget proposal, but he is laden with the promises he made to far-right and other conservative Republican lawmakers during his difficult campaign to become House speaker. He vowed then to work to return federal spending to 2022 levels — an 8% reduction. He also promised to take steps to balance the budget within the decade — an ambitious, if politically unattainable goal.
“For days, Speaker McCarthy has heralded this sitdown as some kind of major win in his debt ceiling talks,” Schumer said. But he added, “Speaker McCarthy showing up at the White House without a plan is like sitting down at the table without cards in your hand.” “The president of the United States does not get to walk away from the table,” McConnell said in Senate remarks.After a 2011 debt ceiling standoff during the Obama era, Republicans and Democrats agreed to across-the-board federal budget caps on domestic and defense spending that were supposed to be in place for 10 years but ultimately proved too much to bear.
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