Biden's Collision Course with Divided Government and Heavy Budget Costs.

President Biden and Speaker Kevin McCarthy are on a collision course as they spar over the budget and federal debt limit. A messaging battle has replaced functional legislating, with Mr. McCarthy publicly refusing to raise the nation’s borrowing cap without serious spending cuts and Mr. Biden refusing to negotiate on the debt ceiling at all. The relationship between the president and the speaker of the House defines what can be accomplished in Washington, but when they are from different parties, that relationship quickly becomes combustible.