Top U.S. House Republican McCarthy wants compromise on debt ceiling, cuts from Biden

Republican U.S. House Speaker Kevin McCarthy called on Democratic President Joe Biden to agree to compromises and spending cuts, as the two remain deadlocked over raising the nation's $31.4 trillion debt ceiling.
McCarthy spoke on Monday before Biden is set to give the annual State of the Union address to a joint session of Congress on Tuesday, aiming to get ahead of the president and reinforce his role as the leading congressional negotiator.
The White House has said Biden will discuss federal spending cuts with Republicans, but only after the...