Debt Ceiling Negotiations Reach Critical Point with Biden and Lawmakers
TL;DR
President Biden and congressional leaders are engaging in talks to find a politically acceptable way to raise the nation's borrowing limit in the coming weeks, as officials grapple with the prospect of the first-ever U.S. default as soon as June 1. This marks the first direct contact in months between Biden and House Speaker Kevin McCarthy (R., Calif.) as they attempt to break the impasse on the debt ceiling negotiations.
- Biden, Lawmakers Look to Break Impasse on Debt Ceiling The Wall Street Journal
- McCarthy's dangerous debt ceiling game MSNBC
- Senate Republican: It’s ‘stunning’ Biden hasn’t been willing to negotiate on debt ceiling The Hill
- President Biden to meet with Republican leaders over debt ceiling TODAY
- Sen. Schumer: Failure to pass clean debt ceiling would endanger senior citizens 13WHAM-TV
Want the full story? Read the original reporting
Read on The Wall Street Journal