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    Biden, McCarthy to speak on debt limit; talks stalled as Republicans seek deep spending cuts

    chicagoinquirerBy Politics No Comments7 Mins Read
    The U.S. Capitol is seen on Saturday, May 20, 2023, in Washington. President Joe Biden’s administration is reaching for a deal with Republicans led by House Speaker Kevin McCarthy as the nation faces a deadline as soon as June 1 to raise the country's borrowing limit, now at $31 trillion, to keep paying the nation’s bills. Republicans are demanding steep spending cuts the Democrats oppose. (AP Photo/Jose Luis Magana)

    by Zeke Miller and Josh Boak
    HIROSHIMA, Japan  — President Joe Biden planned on Sunday to speak directly with House Speaker Kevin McCarthy, hoping to salvage talks to raise the debt limit that ha...

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