Biden: Debt meeting ‘productive,’ default ‘not an option’
2023-05-10 10:24:31 source：Associated Press News
May 9, 2023
WASHINGTON (AP) — President Joe Biden and congressional leaders confronted each other on the debt limit impasse Tuesday, ending their meeting with no breakthrough but agreeing to meet again this week to try to avert the looming risk of an unprecedented government default.
Speaking at the White House, Biden described the talks as “productive” even though House Speaker Kevin McCarthy said after the high-stakes Oval Office meeting that he “didn’t see any new movement” toward resolving the stalemate.
Lawmakers and their staffs were to continue discussions on the annual federal budget at Biden’s encouragement. Biden and the congressional leaders are to meet again Friday.
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