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Yes, it can fire both. The barrel is actually stamped 5.56 NATO so you will have no issues firing both.
5.56 is the "Higher Pressure" of the two rounds. Any 5.56 barrel rifle can shoot .223 no problem. If the barrel was stamped 223 you would be cautioned not to fire 5.56 ammunition.
It is good with both UPC: 604206072252 Description: BSH XM15 M4A3 5.56 CRB 16I 30R Brand: Bushmaster Model: XM15 Patrolman Carbine Type: Rifle: Semi-Auto Caliber: 5.56 NATO|223 Finish: Black Matte Action: Semi-Automatic Stock: 6-Position Telescoping Buttstock Sight: Open Sights Barrel Length: 16 Chrome-Lined M4 Profile BBL Overall Length: 32.5 Weight: 6.7 lbs Capacity: 30+1 # of Mags: 1 Safety: Manual Safety Receiver: Forward Assist Brass Deflector Muzzle: Flash Suppressor Features: A3 Removable Carry Handle, Bayonet Lug; Black Thermaplastic Pistol Grip
Any 5.56 barrel rifle can shoot .223 without issues Ian.