McCarthy urges Biden to prioritize debt limit negotiations.

House Speaker Kevin McCarthy has urged President Biden to resume negotiations on the budget and debt ceiling, warning that the US risks default by early June if Congress does not act. McCarthy has signaled his opposition to passing a debt ceiling increase without tying it to spending cuts in the budget. Biden has criticized McCarthy for not releasing the Republican budget blueprint yet. The White House has called on Republicans to pass a clean debt ceiling bill and put out a budget.