Biden, McCarthy to meet at White House amid deadlock in debt limit talks

House Speaker Kevin McCarthy is to meet Monday with President Biden at the White House in hopes of forging a breakthrough on a deal to cut spending and raise the debt limit. Mr. McCarthy announced the meeting shortly after speaking via phone with Mr. Biden, who is returning to the United States after meeting with Group of Seven leaders in Japan. “We have 11 days,” said Mr. McCarthy, California Republican. “Time is of the essence.” The meeting comes as negotiations between the White House and House Republicans have deadlocked. Mr....