Debt ceiling talks stall as deadline approaches.

A high-stakes meeting between President Joe Biden and congressional leaders on the debt ceiling ended with no solution as the nation barrels toward a June 1 deadline to reach a deal or risk default. Both parties dug into their familiar talking points as they emerged from the short meeting, with each side stating the other has the responsibility to act. Biden said he was "pleased" by McConnell's comments and said "everyone in the meeting understood the risk of default."