McConnell Makes It Clear—No Debt Ceiling Deal in Senate ‘Without Substantive Spending’ Cuts

We’re just days away from the much anticipated meeting among the four leaders of the U.S. House and Senate, and President Joe Biden at the White House over how to go about raising the debt ceiling. At one point earlier in the week, it appeared Biden had caved to Republican demands on a compromise that includes spending cuts, as we previously wrote, though that mirage quickly evaporated.Read More