Biden to call McCarthy to discuss debt ceiling after G7 summit

President Joe Biden answers questions on the U.S. debt limits ahead of a bilateral meeting with Australia's Prime Minister Anthony Albanese on the sidelines of the G7 Summit in Hiroshima, Japan, Saturday, May 20, 2023.President Joe Biden asked his team to set up a call with Speaker Kevin McCarthy for Sunday morning to discuss the debt ceiling negotiations "following his meetings at the G7," a White House official said Saturday night.

President Joe Biden answers questions on the U.S. debt limits ahead of a bilateral meeting with Australia's Prime Minister Anthony Albanese on the sidelines of the G7 Summit in Hiroshima, Japan, Saturday, May 20, 2023.McCarthy told reporters on Saturday that negotiations are paused until Biden returns from his trip abroad as he left the Capitol this evening.

"Let's be clear: The President's team is ready to meet any time. And, let's be serious about what can pass in a bipartisan manner, get to the President's desk and reduce the deficit," Jean-Pierre said in a statement. The debt limit negotiations between GOP negotiators and the White House ended Friday night with no progress after meeting for roughly an hour and a half.

Rep. Patrick McHenry of North Carolina said "no" when asked if he's confident negotiators can reach a framework by the end of this weekend.Speaker McCarthy has said a deal needs to be reached by the end of the weekend in order for the House and the Senate to have enough time to pass it before the June 1 deadline.

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