Biden vows to veto the GOP bill to raise the debt ceiling if it makes it to his desk, saying it would cost Americans 780,000 jobs while stripping them of food assistance and student-debt relief

• The White House said Biden will veto the GOP bill to raise the debt ceiling if it makes it to his desk.
• Kevin McCarthy is planning to bring the bill to a House floor vote on Wednesday.
• It's unclear if enough Republicans will sign on to support its passage through the House.

President Joe Biden officially confirmed that he will not sign Speaker of the House Kevin McCarthy's bill to raise the debt ceiling.