Amid debt ceiling standoff, why Joe Biden is refusing to negotiate with Republicans
As President Joe Biden welcomes Republican House Speaker Kevin McCarthy for a highly anticipated one-on-one meeting Wednesday, the White House is making one thing clear: There will be no negotiations on the debt ceiling.
Biden has drawn a hardline against entertaining spending cuts pushed by House Republicans amid their brinkmanship on raising the amount the U.S. can borrow.
It reflects a broader White House strategy. When Republicans reveal the domestic programs they want to cut, the White House is counting on the move proving so unpopular that enough House Republicans will abandon their demands for Congress to act.
Biden and Democrats are haunted by the debt ceiling standoff of...