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The meeting is expected to influence how the fight to raise the national debt limit unfolds as the White House and the new House GOP majority are at odds over how to resolve the issue.
House Speaker Kevin McCarthy did not walk away from his highly anticipated White House meeting on Wednesday with an agreement in hand to address the debt limit, but signaled optimism
The US hit the debt ceiling set by Congress in January, forcing the Treasury Department to start taking extraordinary measures.
President Joe Biden and House Speaker Kevin McCarthy are set to meet on Wednesday -- the first such gathering since the California Republican won the speakership after Republicans took over
The House of Representatives on Monday evening passed a much-discussed rules package, which was the subject of extensive negotiation between House Speaker Kevin McCarthy (R., Calif.) and the GOP holdouts who eventually helped to elevate him.