A high-stakes meeting on the debt ceiling is underway at the White House as lawmakers stare down a June 1 deadline to reach a deal or risk default.
on the debt ceiling got underway Tuesday afternoon at the White House as lawmakers stare down a June 1 deadline to reach a deal or risk default.and top congressional leaders -- House Speaker Kevin McCarthy, House Minority Leader Hakeem Jeffries, Senate Majority Leader Chuck Schumer and Senate Minority Leader Mitch McConnell -- is the first major discussion on the issue since Biden and McCarthy last met in February.
President Joe Biden hosts debt limit talks with House Speaker Kevin McCarthy, Senate Minority Leader Mitch McConnell and Senate Majority Leader Chuck Schumer in the Oval Office at the White House, May 9, 2023.Leaving the Capitol for the White House, McCarthy told ABC News Senior Congressional Correspondent Rachel Scott, "We hope the president is finally willing to negotiate.
Jean-Pierre reiterated the Biden administration’s view that it is Congress’ duty to enact a clean raise to the debt ceiling without conditions. “Why should I have high expectations if he wasted three months and put us in jeopardy?” McCarthy told reporters.
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