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Biden to press McCarthy on avoiding default, budget cuts

Por: MarketWatch Business February 01, 2023

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Biden will also ask McCarthy when House Republicans will release their budget, said the memo from National Economic Council Director Brian Deese and Office of Management and Budget Director Shalanda Young. McCarthy has said Republicans want to cut spending in exchange for raising the U.S. debt limit, but has not detailed the GOP’s wish list. In a televised interview last weekend, he said cuts to Social Security and Medicare would be off the... + full article



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