Democrat President Biden, Republican House Speaker McCarthy find 'common ground' on debt ceiling on debt ceiling3 min read . Updated: 02 Feb 2023, 03:48 AM IST
The Democratic president and Republicans, who won control of the US House of Representatives in November's elections, are locked in a standoff over raising the federal government's $31.4 trillion U.S. debt ceiling
President Joe Biden and Republican House Speaker Kevin McCarthy held initial talks on Wednesday on raising U.S. government borrowing limits in a first test of how the two will work together, with the meeting ending on a positive note as McCarthy said the two found "common ground."
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