President Biden posed a challenge to House Speaker Kevin McCarthy on Monday amid rising tensions surrounding the debate over raising the federal debt ceiling: “Show me your budget and I’ll show you mine.”
Biden made the remarks while responding to a question from CNN about what his message to McCarthy would be during the upcoming meeting between the two, expected to be held Wednesday at the White House.
McCarthy said the discussions would revolve around increasing the debt ceiling, which Treasury Secretary Janet Yellen said had been reached on Thursday.
“President Biden: I accept your invitation to sit down and discuss a responsible debt ceiling increase to address irresponsible government spending,” McCarthy tweeted Friday afternoon. “I look forward to our meeting.”
On the same day,…