WASHINGTON — President Biden will meet with Speaker Kevin McCarthy on the White Home on Tuesday in a crucial face-to-face confrontation that may body their showdown over the federal debt and spending within the weeks earlier than the nation is about to default on its obligations for the primary time in historical past.

With the American and maybe the worldwide financial system hanging within the steadiness, the assembly would be the first sit-down session between the Democratic president and Republican speaker since February….

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