Biden, McCarthy debt ceiling meeting planned for Tuesday afternoon
2023.05.15 19:38
© Reuters. FILE PHOTO: U.S. President Joe Biden talks with House Speaker Kevin McCarthy (R-CA) as they depart following the annual Friends of Ireland luncheon at the U.S. Capitol in Washington, U.S., March 17, 2023. REUTERS/Evelyn Hockstein
WASHINGTON (Reuters) – A debt limit meeting between U.S. President Joe Biden and top lawmakers including Republican House of Representatives Speaker Kevin McCarthy has been scheduled for 3 p.m. ET (1900 GMT) on Tuesday, a senior administration official said.
The meeting was previously scheduled for last Friday, but was postponed.
Aides from both sides have been discussing ways to limit federal spending, as talks on raising the government’s $31.4 trillion debt ceiling to avoid a catastrophic default creep forward.
