President Biden and Republican lawmakers are nowhere near a deal to raise or suspend the debt limit, but Mr. Biden has invited congressional leaders to the White House Tuesday to talk about a way forward.
Akabas expressed concern about where discussions stand at this late date:"I think we're really at the early stage of these negotiations between these two parties." "We give a range specifically for the purpose that we don't feel like we have the confidence to name a particular X-Date," Akabas said."This year, there's a very notable pattern within that X-Date window, so there's that early June time frame that we are concerned about, and it is a significant concern."
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