Meeting fails to bring breakthrough in dispute over US debt ceiling

McCarthy told reporters outside the White House that he asked the president a simple question: “Do you think there is a way to find savings?” Biden, on the other hand, underscored his determination not to allow the country’s creditworthiness to be “held hostage” to exert pressure in negotiations. Democrats reflected this after the meeting, while signaling a willingness to negotiate, saying they saw room for spending cuts but would not allow the republican take the debt ceiling “hostage”.