House Speaker Kevin McCarthy is set to provide a readout following the meeting he had at the White House about the debt ceiling on Tuesday.

McCarthy, along with President Joe Biden and other congressional leaders met this afternoon to discuss raising the debt limit, with each side making its own demands on how to do so.

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Biden has insisted the debt limit should be raised without addressing spending, while the House has passed a bill, the Limit, Save, Grow Act, which would raise the debt ceiling while cutting $4.8 trillion in deficits over the next 10 years.