(MENAFN- Trend News Agency)
House of Representatives Speaker Kevin McCarthy on Sunday said
he will meet with President Joe Biden on Wednesday to discuss
raising the federal debt ceiling while controlling government
spending, adding that Republicans will not allow a U.S. default,
trend reports citing
McCarthy told CBS' 'Face the Nation' program that cuts to Social
Security and Medicare would be 'off the table' in any debt ceiling
But he added that Republicans want to 'strengthen' the costly
retirement and health benefit programs for seniors -- a statement
that the White House called a euphemism for cuts.
'I know the president said he didn't want to have any
discussions' on cuts, McCarthy said. 'I want to find a reasonable
and a responsible way that we can lift the debt ceiling (and) take
control of this runaway spending.'
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