Joe Biden Japan Washington state Delaware state Maryland county Andrews president Government bill Department reports Progressive Joe Biden Japan Washington state Delaware state Maryland county Andrews

Biden likely to resume debt limit talks on Tuesday

Reading now: 508
www.fox29.com

President Joe Biden and congressional leaders will likely resume talks on Tuesday at the White House over the debt limit, the president said Sunday, as the nation continues to edge closer to its legal borrowing authority with no agreement in sight.The meeting was initially supposed to be Friday, but was abruptly postponed so staff-level talks could continue before Biden and the four congressional leaders huddled for a second time.

Administration and congressional officials said Sunday that a meeting has not been finalized, although Tuesday was the likeliest option as Biden returns to Washington on Monday and is scheduled to leave for the Group of 7 summit in Japan on Wednesday.Biden did not detail much progress in the talks, but said he remained hopeful that an agreement could be reached with Republicans to avoid what would be an unprecedented debt default, which could trigger a financial catastrophe."I remain optimistic because I’m a congenital optimist," Biden told reporters while out for a bike ride in Rehoboth Beach, Delaware. "But I really think there’s a desire on their part as well as ours to reach an agreement.

I think we’ll be able to do it."U.S. President Joe Biden makes his way to board Air Force One before departing from Joint Base Andrews in Maryland on May 13, 2023. (Photo by Mandel Ngan/AFP via Getty Images) Aides said talks had continued throughout the weekend.

But at least publicly, there was little indication that either the White House or House Republicans had budged from their initial positions.

Read more on fox29.com
The website covid-19.rehab is an aggregator of news from open sources. The source is indicated at the beginning and at the end of the announcement. You can send a complaint on the news if you find it unreliable.

Related News

DMCA