Speaker McCarthy says he and President Biden have agreed to meet in person Monday afternoon to work toward a deal on lifting the debt ceiling.
that early June is a “hard deadline” for the federal government to raise the debt ceiling and warned that bills will go unpaid if Congress fails to reach a deal before the U.S. runs out of money.
During a press conference in Japan on Sunday, the president urged Republicans to “move from their extreme positions,” which he criticized as “frankly unacceptable,” in his opening remarks. Republicans returned to the debt ceiling negotiating table Friday night after temporarily putting a hold on talks with the White House, which they said were “not productive.”in negotiations is that House Republicans want to force major spending cuts that are opposed by Biden and dead on arrival in the Democratic-controlled Senate.
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Biden, McCarthy to meet Monday for debt limit talks after 'productive' callPresident Joe Biden says Republicans in the U.S. House must move off their 'extreme positions' on the now-stalled talks over raising America's debt limit and that there will be no agreement to avert a catastrophic default only on their terms.
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Biden, McCarthy to meet Monday for debt limit talks after ‘productive’ callGOP lawmakers are holding tight to demands for sharp spending cuts, rejecting the alternatives proposed by the White House for reducing deficits.
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Biden and McCarthy to meet on Monday as debt ceiling talks resume By Reuters*BIDEN AND MCCARTHY TO MEET ON MONDAY AS DEBT TALKS RESUME 🇺🇸 🇺🇸
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Biden spoke with House Speaker McCarthy about debt limit during return flight from JapanMcCarthy calls phone call ‘productive’ and says he and the president will meet in person on Monday.
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McCarthy says debt ceiling negotiations paused until Biden returnsThere are no meetings currently scheduled for Saturday between White House and GOP negotiators, multiple sources familiar with the matter told ABC News.
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Biden to call McCarthy to discuss debt ceiling after G7 summitNEW: Pres. Biden asked his team to set up a call with Speaker McCarthy to discuss the debt ceiling negotiations after his G7 meetings, a White House official says.
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