Biden will threaten Social Security and Medicare and 'bumble into the first default in our nation's history' if he doesn't negotiate raising the debt ceiling with Republicans, Kevin McCarthy says

• House Speaker Kevin McCarthy said a debt ceiling vote will come in weeks in Monday remarks.
• McCarthy said if Biden doesn't come to an agreement with the GOP, it could lead to the first default.
• Republicans want to attach spending cuts to a debt ceiling package, while Biden wants a clean raise.

House Speaker Kevin McCarthy has laid down the debt ceiling gauntlet, following months of Democrats and Republicans circling the looming crisis.