President Joe Biden sounds optimistic about the odds of reaching a deal with Republicans to raise or suspend the debt limit.
President Joe Biden said he thinks the White House and congressional leaders can hammer out a deal to raise the debt ceiling.Their remarks came ahead of a Tuesday meeting between Biden, McCarthy, House Democratic Leader Hakeem Jeffries, Senate Majority Leader Chuck Schumer and Senate Minority Leader Mitch McConnell.
Biden also characterized the talks underway between White House liaisons and congressional aides as "a negotiation," a notable choice of words after months of insisting he would not "negotiate" over the debt limit. The president and the top four congressional leaders plan to meet again about the debt ceiling Tuesday.
Biden's remarks followed the postponement of a White House meeting, originally set for Friday, with House Speaker Kevin McCarthy, R-Calif., Minority Leader Hakeem Jeffries, D-N.Y., Senate Majority Leader Chuck Schumer, D-N.Y., and Minority Leader Mitch McConnell, R-Ky.
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