McCarthy says he'll meet with Biden Monday after 'productive' debt ceiling call

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Speaker McCarthy says he and President Biden have agreed to meet in person Monday afternoon to work toward a deal on lifting the debt ceiling.

that early June is a “hard deadline” for the federal government to raise the debt ceiling and warned that bills will go unpaid if Congress fails to reach a deal before the U.S. runs out of money.

During a press conference in Japan on Sunday, the president urged Republicans to “move from their extreme positions,” which he criticized as “frankly unacceptable,” in his opening remarks. Republicans returned to the debt ceiling negotiating table Friday night after temporarily putting a hold on talks with the White House, which they said were “not productive.”in negotiations is that House Republicans want to force major spending cuts that are opposed by Biden and dead on arrival in the Democratic-controlled Senate.

 

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