WASHINGTON — House Republicans are not ready to give up on President Joe Biden agreeing to negotiate on the debt limit, but if he doesn’t engage, they say they will act on their own.
Republicans are seeking fiscal policy changes to pair with a debt limit increase, but Democrats say they won’t bargain on such conditions and are insisting on a clean bill. Speaker Kevin McCarthy, R-Calif., and President Joe Biden exchanged letters Tuesday doubling down on those positions.
McCarthy’s letter floated a nonexhaustive list of policy options Republicans are prepared to discuss, including energy and border policy measures as well as fiscal restraints like nondefense discretionary spending curbs and work requirements for benefit programs.
