President Biden and House Speaker McCarthy described their latest round of debt limit talks as “productive,” but there’s still no deal. The two leaders met in the Oval Office for 90 minutes in search of a budget agreement in order to raise the debt ceiling. Both sides described Monday evening’s talks as “productive,” but neither […]
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No debt ceiling deal after latest Biden-McCarthy meeting
President Biden and House Speaker McCarthy described their latest round of debt limit talks as “productive,” but there’s still no deal. The two leaders met in the Oval Office for 90 minutes in search of a budget agreement in order to raise the debt ceiling. Both sides described Monday evening’s talks as “productive,” but neither side appeared to be budging much ahead of a looming default deadline. With time growing short, the president and speaker agreed to continue discussing “the path forward.”