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

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