News Snapshot:
ACCOKEEK, Md. (AP) — President Joe Biden lambasted Republicans' emerging trade-off plans to raise the nation's debt limit only in exchange for budget cuts on Wednesday, declaring that GOP lawmakers are threatening a historic default on the nation's obligations “unless I agree to all these wacko notions they have.” His remarks in a union hall speech came as House Speaker Kevin McCarthy, who has struggled to unite Republicans around his own budget proposal, released a sweeping spending-restraint plan to offer to the White House along with lifting the debt limit later this year. Cruising toward crisis, if Congress and Biden...
