Biden must drop ‘absolutist’ position in debt ceiling talks with McCarthy, think tanks warn

The president has invited the top four Congressional leaders to the White House on Tuesday to discuss the U.S. debt ceiling, but President Biden is refusing to negotiate spending cuts in those talks.

"We now ask you – we urge you – to work in good faith with congressional members of both parties to raise the debt limit while improving the federal government’s budget outlook," wrote Americans For Prosperity, the National Taxpayers Union and America First Policy Institute. Elizabeth Elkind is a politics reporter for Fox News Digital. 

Biden called Tuesday's meeting in an effort to resolve a weeks-long standoff over raising the government's borrowing limit. Republicans have refused to allow more borrowing unless it is tied to cuts that total roughly $150 billion in discretionary spending, while Democrats say Congress must pass a "clean" debt ceiling raise with no preconditions.