WRAPUP 2-Biden White House, McCarthy dig in ahead of debt meeting ...Middle East

U.S. President Joe Biden and House of Representatives Speaker Kevin McCarthy won't come to their first meeting over raising the debt ceiling with any specific proposals to stave off a possible default, both sides indicated on Tuesday. Instead, the Wednesday meeting between Biden and McCarthy is likely to serve as the opening bell for months of back-and-forth maneuvering over raising the United States' $31.4 trillion borrowing cap.

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