House Speaker Kevin McCarthy unveiled the GOP's debt limit bill ahead of a looming deadline to avoid default.
and cut government spending, making his opening offer to Democrats while calling on President Biden to begin talks ahead of a summer deadline to avoid a default.
"If Washington wants to spend more, it will have to come together and find savings elsewhere, just like every household in America," the speaker said."President Biden has a choice. Come to the table and stop playing partisan political games, or cover his ears, refuse to negotiate and risk bumbling his way into the first default in our nation's history."
The White House has called on Republicans to pass a"clean" debt ceiling increase with no spending cuts attached, and has refused to negotiate with McCarthy until he unveiled his own proposal. The speaker again called on the president to begin talks in his remarks on Wednesday.
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