Biden, McCarthy Point Fingers as Debt Limit Catastrophe Looms Closer

President Joe Biden and House Speaker Kevin McCarthy are blaming each other for the current partisan impasse as the clock ticks down to the deadline to raise the United States debt limit and avert an economic crisis. The Democratic president and Republican speaker had a call on Sunday while Biden was returning to the U.S. from the G7 Summit in Japan, according to McCarthy who also said on Twitter that they will meet on Monday to resume talks in person. The open dialogue between the leaders is a positive turn from a day earlier when McCarthy said negotiations were “moving…