The president plans to speak directly with House Speaker Kevin McCarthy, hoping to salvage talks to raise the debt limit that have stalled in recent days.
“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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