May 31, 2023

Rocky Daily News

Colorado Politics-Sports-Business-Weather

Biden, McCarthy meet for debt limit talks Monday

1 min read

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Negotiators met for more than 2 hours at the Capitol late Sunday evening, saying little as they left. It’s unclear where the talks stand now.

WASHINGTON — President Joe Biden and House Speaker Kevin McCarthy are set to meet at the White House at a pivotal moment as Washington works to strike a budget compromise and raise the nation’s borrowing limit in time to avert a devastating federal default.

The meeting Monday afternoon between the Democratic president and the new Republican speaker will be critical as they race to prevent a looming debt crisis. After a…



2023-05-22 05:11:35

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