Biden calls for urgent debt ceiling meeting with congressional leaders.

President Biden has invited the top four congressional leaders, including House Minority Leader Kevin McCarthy, to discuss raising the debt ceiling at the White House on May 9. This comes after Treasury Secretary Janet Yellen warned that the US could default on its debt by June 1. Biden wants to pass a clean bill to raise the debt ceiling, but Republicans have proposed a package that includes spending cuts and work requirements in safety net programs. Partisan battle lines remain entrenched, with Republican senators urging Biden to negotiate with McCarthy and Senate Democrats refusing to negotiate with Republicans on raising the debt limit.