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Biden, McCarthy to speak on debt limit; talks stalled as Republicans seek deep spending cuts

Por: The Boston Globe Business May 21, 2023

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HIROSHIMA, Japan (AP) —President 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 .GOP lawmakers are holding tight to demands for sharp spending cuts, rejecting the alternatives proposed by the White House for reducing deficits. Biden and world leaders at the gathering for industrial nations in Japan had... + full article



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