Debt ceiling negotiations stall as Democrats consider invoking 14th amendment.

A meeting between US President Joe Biden and top lawmakers to discuss raising the debt ceiling has been postponed until early next week. Aides from both sides have started discussing ways to limit federal spending, with spending cuts and caps under discussion. The US federal government could run out of money to pay its bills as soon as June 1 if the debt ceiling is not raised. The two sides are also debating how long to push out the next potential debt ceiling showdown.