According to a memo the White House distributed on Tuesday morning, Biden will confront McCarthy on two different topics. McCarthy is a California Republican whose caucus has threatened to oppose raising the debt ceiling without budgetary concessions.
First, according to the document from Brian Deese, director of the National Economic Council, and Shalanda Young, director of the Office of Management and Budget, Biden would ask McCarthy for a promise that he will see to it that the nation pays its existing debt.
Biden also wants to know when Republicans will present their budget, which will outline the programmes that the new House majority plans to axe in order to lower the deficit and the national debt.
“There must never be a financial default by the United States. In order to prevent economic calamity, this country and its leaders are required to raise the debt ceiling “In the memo outlining the upcoming meeting on Wednesday, which will be Biden and McCarthy's first one-on-one since the turbulent speaker vote earlier this month, Deese and Young wrote.
McCarthy responded quickly on Twitter.
“Mr. President, I have a memo from your staff. Political games are not my thing, the speaker tweeted. “I'm here to bargain on behalf of the American people.”