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White House has said Biden will discuss issue after ceiling is lifted, while Republicans insist on cuts firstKevin McCarthy, the House speaker, called on Joe Biden to agree to compromises and spending cuts, as the two remain deadlocked over raising the nation’s $31.4tn debt ceiling.McCarthy spoke on Monday before Biden gives the annual State of the Union address to a joint session of Congress on Tuesday, aiming to get ahead of the president and reinforce his role as the leading congressional negotiator. Continue reading...