By Peter Kasperowicz| Fox News
House Speaker Kevin McCarthy on Monday called on President Biden to negotiate with Republicans on the debt ceiling, find a compromise that cuts federal spending, and help Congress move toward a balanced budget to ensure the national debt doesn’t threaten future generations of Americans.
“Mr. President, congressional Republicans are ready to act – to save our country and to make America stronger. I hope you will join us,” McCarthy said Monday night in a prebuttal to Biden’s State of the Union address on Tuesday.
McCarthy said the excessive federal spending that many economists believe contributed to surging national inflation can no longer be tolerated. And while the White House has said it will not negotiate with Republicans, McCarthy said neither party has any choice but to reach a deal that extends the debt limit as Democrats want, but also meets the GOP goal of paring back federal spending.
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