President Biden and House Speaker McCarthy remain at odds over how to avoid a debt default. Following Oval Office talks on how to raise the debt ceiling, the president and the speaker offered different takes on their high-stakes meeting. McCarthy stopped short of guaranteeing there would be no default, while the president declared that failure […]
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Biden, McCarthy meet on debt limit, agree to meet again
President Biden and House Speaker McCarthy remain at odds over how to avoid a debt default. Following Oval Office talks on how to raise the debt ceiling, the president and the speaker offered different takes on their high-stakes meeting. McCarthy stopped short of guaranteeing there would be no default, while the president declared that failure to meet America’s obligations “is not an option.”
The leaders plan to meet again on Friday.