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Biden and McCarthy Are Set to Discuss Debt Limit as Both Sides Trade Barbs

Biden, Joseph R Jr Federal Budget (US) House of Representatives McCarthy, Kevin (1965- ) National Debt (US) Republican Party United States Economy United States Politics and Government

Biden and McCarthy Are Set to Discuss Debt Limit as Both Sides Trade Barbs

The hours leading up to the meeting have highlighted the differences between the White House and the Republicans who now control the House.

By Jim Tankersley and Catie Edmondson

Biden Demands Details on Budget Cuts From McCarthy

Biden, Joseph R Jr Federal Budget (US) McCarthy, Kevin (1965- ) National Debt (US) United States Politics and Government

Biden Demands Details on Budget Cuts From McCarthy

Ahead of a meeting at the White House on Wednesday, administration officials demanded that Republicans commit to avoiding a default on federal debt.

By Jim Tankersley

Wall Street Is Counting on a Debt Limit Trick That Could Entail Trouble

Banking and Financial Institutions Biden, Joseph R Jr Federal Budget (US) Federal Reserve System Government Bonds National Debt (US) Politics and Government Republican Party Senate Stocks and Bonds Treasury Department United States United States Economy United States Politics and Government

Wall Street Is Counting on a Debt Limit Trick That Could Entail Trouble

If the debt limit is breached, investors expect Treasury to put bond payments first. It’d be politically and practically fraught.

By Jeanna Smialek Jim Tankersley and Joe Rennison

Biden Set to Hammer House Republicans on the Economy

Biden, Joseph R Jr Health Insurance and Managed Care House of Representatives Medicare National Debt (US) Presidential Election of 2024 Republican Party Social Security (US) United States Economy United States Politics and Government Virginia

Biden Set to Hammer House Republicans on the Economy

The president has found a welcome foil in a new conservative House majority and its tax and spending plans, sharpening a potential re-election message.

By Jim Tankersley