President Biden and congressional leaders will resume their debt limit talks in the Oval Office. Heading into this afternoon’s high-profile meeting, House Speaker Kevin McCarthy said there’s been “no progress” in staff-level talks that took place last week and over the weekend. President Biden expressed hopefulness on Sunday, but McCarthy said lack of progress was […]
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Debt ceiling talks to continue at White House
President Biden and congressional leaders will resume their debt limit talks in the Oval Office. Heading into this afternoon’s high-profile meeting, House Speaker Kevin McCarthy said there’s been “no progress” in staff-level talks that took place last week and over the weekend. President Biden expressed hopefulness on Sunday, but McCarthy said lack of progress was “very concerning.” Today’s White House meeting comes as lawmakers must soon raise the government’s legal borrowing limit or risk an unprecedented default.