The White House said Friday that President Joe Biden “looks forward” to sitting down with new House Speaker Kevin McCarthy to discuss a range of topics, including perhaps the thorniest challenge confronting Washington this year: raising the nation’s debt limit. One hitch: That statement came with no actual invitation to the White House, and no date nor time for a meeting. Rather, the White House again emphasized that Biden is not willing to entertain policy concessions in exchange for lifting the debt limit, which is the nation’s borrowing authority. The U.S. bumped up against that limit Thursday, and the Treasury Department has deployed “extraordinary measures” to stave off default for at least a few more months. “Like the president has said many times, raising the debt ceiling is not a negotiation; it is an obligation of this country and its leaders to avoid economic chaos,” White House press secretary Karine Jean-Pierre said in the statement released Friday evening. “Congress has always done it, and the president expects them to do their duty once again. That is not negotiable.” The top two Democrats in Congress, Senate Majority Leader Chuck Schumer and House Minority Leader Hakeem Jeffries, both of New York, will meet with Biden on Tuesday, the White House said.
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