President Biden and House Speaker McCarthy are polar opposites when it comes to the debt ceiling debate

President Biden and House Speaker McCarthy are polar opposites when it comes to the debt ceiling debate

VERBATIM:

The White House says the president’s view on raising the debt limit is clear.

(KJP BITE):

But Speaker McCarthy is eager to push Mr. Biden to the negotiating table. He wants to pare federal spending back to fiscal 2022 levels, and says it’s “irresponsible” for the president to raise the debt ceiling without conditions. By raising the limit, Congress would be paying debts already incurred, not authorizing new spending. GC, the WH.