Biden Lays Down First Marker in Talks with McCarthy

“The introduction of President Biden’s budget on Capitol Hill on Thursday is the ‘starter’s gun’ in the negotiations with Republicans over raising the debt limit, ratcheting up pressure on Speaker Kevin McCarthy (R-CA) to unveil his own detailed budget plan, which he has not yet done,” The Hill reports.

Playbook: “No one in the White House seriously believes that Congress will adopt it in its current form. In private, administration officials readily admit that they know it’s not going anywhere.”

“So why does it matter? Beyond the obvious implications for governing, we’re told it’ll constitute the crux of Biden’s pitch as he’s expected to launch his reelection campaign in the near future.”

New York Times: Biden will release dead-on-arrival budget, picking fight with GOP.