President Biden is eagerly anticipating his upcoming discussion with Speaker McCarthy that include multiple topics of discussion. This is part of the President’s plan to dialog with all of the new Congressional leaders to kick off 2021. As the President has prominently declared on a multitude of occasions, the heightening of the national debt limit is not a dispute; it is a responsibility of the United States and its leaders to dodge financial anarchy. Congress has consistently fulfilled its obligations in the past, and the President expects them to uphold their responsibility once more. The President has expressed interest in learning about the fiscal plans proposed by the Speaker and his allies concerning Social Security, Medicare and other programs, with the intent of raising taxes on the wealthy and corporations instead. He is eager to discuss his own plan of reducing the deficit further than the already-achieved $1.7 trillion and safeguarding retirement programs, while the Speaker is sticking to their original vision of cuts. Both sides will have their say in a debate which will bring to light the divide in the country’s economic platform. The initial announcement of a gathering between White House Press Secretary Karine Jean-Pierre and Congressional Leaders was released by The White House.
