WASHINGTON (WV News) — Sen. Joe Manchin, D-W.Va., and Shelley Moore Capito, R-W.Va., have each weighed in on the federal debt limit proposal recently announced by House Speaker Kevin McCarthy.

McCarthy’s bill, called the “Limit, Save, Grow Act of 2023,” would raise the debt ceiling by $1.5 trillion for about a year while attempting to repeal aspects of President Joe Biden’s agenda.

Manchin issued a statement urging compromise on the issue.

“America is facing a historic economic crisis brought on by an abject failure to address our exploding national debt, chronic inflation, a looming recession and the more immediate need to raise the debt ceiling,” Manchin said. “Our elected leaders must stop with the political games, work together and negotiate a compromise.

“Instead, it has been more than 78 days since President Biden last met with Speaker McCarthy. This signals a deficiency of leadership, and it must change. The fact is we are long past time for our elected leaders to sit down and discuss how to solve this impending debt ceiling crisis.”

While noting it was “reasonable to sincerely disagree with any specific debt ceiling approach,” Manchin said he supports elements of the McCarthy’s legislation.

“While I do not agree with everything proposed, the fact of the matter is that it is the only bill actually moving through Congress that would prevent default,” he said. “For the sake of the country, I urge President Biden to come to the table, propose a plan for real and substantive spending cuts and deficit reduction, and negotiate now.”

During her weekly press briefing Thursday, Capito also weighed in on the issue.

The nation “can’t default on its debts. We know that,” she said.

“Speaker McCarthy went to the president on Feb. 1 and said, ‘Let’s negotiate.’ It’s now April 20, and the president has yet to come back to the table,” Capito said. “I think the president needs to get to the table and find a way to not default.”

McCarthy’s bill could serve as the “beginning of the negotiations,” Capito said.

“I like a lot of what’s in there,” she said. “We’ll see where this leads.”