Speaker Kevin McCarthy (R-Calif.) took aim at President Biden as he emerged from a bipartisan members briefing by the director of the Congressional Budget Office (CBO), prodding the president to arrange another meeting to negotiate on raising the debt limit. “When the president delays our opportunity to negotiate together to help solve this problem, it only harms our economy more,” McCarthy said on Wednesday. The prepared presentation by CBO Director Phillip Swagel warned that revenues under current law will not keep pace with spending, and that major trust funds, including Social Security and Medicare, will be exhausted within 10 years. “The longer action is delayed, the larger
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