
House Speaker Kevin McCarthy on Friday said he is willing to meet with President Joe Biden to discuss legislation to raise America’s statutory debt ceiling, just one day after the US Treasury began enacting “extraordinary measures” meant to avoid a catastrophic default on the country’s sovereign debt.
Writing on Twitter, Mr McCarthy wrote: “President Biden: I accept your invitation to sit down and discuss a responsible debt ceiling increase to address irresponsible government spending. I look forward to our meeting”.