President Biden and congressional leaders are pledging to keep searching for a resolution to their debt limit standoff. There was no breakthrough in the latest Oval Office talks between the president and House Speaker McCarthy. However, both sides have agreed to keep talking. McCarthy emerged from the White House meeting and said a deal is […]
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No debt breakthrough for Biden, McCarthy; sides to keep talking
President Biden and congressional leaders are pledging to keep searching for a resolution to their debt limit standoff. There was no breakthrough in the latest Oval Office talks between the president and House Speaker McCarthy. However, both sides have agreed to keep talking. McCarthy emerged from the White House meeting and said a deal is still possible by the end of the week. However, the president will cut short his foreign trip to return to Washington this weekend for more discussions ahead of an early June deadline to avert a default.