late Monday at the White House, but no agreement yet as Washington strains to strike a budget compromise and raise the nation’s borrowing limit in time to avert a potentially chaotic federal default.
The president said he was “optimistic we may be able to make some progress, because we both agreed default is not really on the table.”Talks to avoid U.S. debt default on the edge McCarthy told reporters midday at the Capitol that “decisions have to start being made” since “we’re 10 days out” from the deadline.
Negotiators for the White House met again for nearly three hours Monday morning with McCarthy’s team at the Capitol ahead of the session at the White House.Biden and McCarthy spoke by phone Sunday while the president was returning home on Air Force One after the Group of Seven summit in Japan. “It went well, we’ll talk tomorrow,” Biden said in response to a shouted question upon his return late Sunday.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:
Loans Loans Latest News, Loans Loans Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Biden to meet McCarthy on Monday as debt ceiling deadline nears - National | Globalnews.caPresident Joe Biden and House Speaker Kevin McCarthy will meet in person on Monday as the government races against a looming deadline to raise America's debt limit.
Source: GlobalNational - 🏆 81. / 51 Read more »
Debt ceiling talks to resume as Biden, McCarthy prepare to meet Monday to resolve standoffWASHINGTON (AP) — The White House and House Republicans wrapped up another round of debt ceiling talks Sunday as Washington races to strike a budget compromise…
Source: calgaryherald - 🏆 64. / 52 Read more »
Debt ceiling talks to resume as Biden, McCarthy prepare to meet Monday to resolve standoffThe White House and House Republicans wrapped up another round of debt ceiling talks Sunday as Washington races to strike a budget compromise along with a deal to raise the nation's borrowing limit and avert an economy-wrecking federal default.
Source: CTVCalgary - 🏆 26. / 68 Read more »
Biden, McCarthy to meet Monday for debt ceiling talks as default deadline loomsU.S. President Joe Biden will meet in person Monday with House Speaker Kevin McCarthy about averting an economy\u002Dwrecking federal default.
Source: calgarysun - 🏆 63. / 52 Read more »
Biden, McCarthy to meet Monday for debt ceiling talks as default deadline loomsU.S. President Joe Biden will meet in person Monday with House Speaker Kevin McCarthy about averting an economy\u002Dwrecking federal default.
Source: TheTorontoSun - 🏆 23. / 68 Read more »
Debt-ceiling talks between Biden and McCarthy to resume at 5:30 EDTExclusive to Kitco News, technical analyst Gary Wagner provides a daily recap of what happened in the gold market, highlighting important events that captured investors' attention during the U.S. trading session. Wagner's commentary features a mix of fundamental news and technical analysis, noting important support and resistance levels.
Source: KitcoNewsNOW - 🏆 13. / 78 Read more »