Kevin McCarthy tells Biden time is running out to negotiate spending cuts to raise the debt ceiling

Kevin McCarthy tells Biden time is running out to negotiate spending cuts to raise the debt ceiling

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House Speaker Kevin McCarthy. OLIVIER DOULIERY/Getty Images House Speaker Kevin McCarthy sent a letter to President Joe Biden saying it's time to tackle the debt ceiling. The US faces a potentially disastrous default in just a few months, and the GOP wants major spending cuts. Biden has insisted…

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