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President Joe Biden speaks during a news conference following the Group of Seven (G-7) leaders summit on May 21, 2023, in Hiroshima, Japan. Biden called Republican demands for sharp spending cuts unacceptable and said he'll talk with House Speaker Kevin McCarthy about debt-ceiling and budget negotiations on his flight back from Japan. (Kiyoshi Ota-Pool/Getty Images)

Biden says he’s offered $1 trillion in spending cuts but GOP won’t budge on debt limit

BY: - May 21, 2023

WASHINGTON — President Joe Biden said Sunday his administration has offered $1 trillion in spending cuts as part of the ongoing talks with Republicans around a budget agreement, but he said no deal has yet been reached.  Biden, speaking from Japan during a press conference following the G7 summit, said his administration wants House Speaker […]