Biden also refused to rule out a short-term debt limit increase. “I said I would come back and talk,” he said. “The one thing I’m ruling out is default, and I’m not going to pass a budget that has massive cuts.” Biden expressed openness to one key GOP ask: Rescinding tens of billions of dollars in Covid funding. “The answer is, I’d take a hard look at it,” Biden said, adding that the government “didn’t need it all” but needed to determine how much of that pot has been committed to various projects. “It’s on the table.”