Cutting a slot with a Dremel is the best way I've found...eliminates the need for extra tools.
Copper tubing is nice and soft, push it on the screw and it makes it's own splines.Some of these carbs are made to be difficult to "fix". I'll second the extraction and then grinding. That's what I do on the Poulan's I encounter.
Maybe get some heavy tubing to slip over the jet to remove it if you can't get pliers in there?
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