White House, McCarthy Disavow Short Debt-Limit Extension

  • Speaker’s comments come ahead of crucial White House meeting
  • Says he’s focused on getting Biden to negotiate on the budget
Speaker McCarthy Sees No Movement on Debt Limit Talks

President Joe Biden and House Speaker Kevin McCarthy agree on one thing heading into a crucial Tuesday meeting: they don’t want a short-term debt-limit extension.

But the two men at the center of the high-stakes talks are showing no signs of compromise on a long-term one, risking a first-ever US default as a June 1 deadline looms.