July 14, 2024

Rocky Daily News

Colorado Politics-Sports-Business-Weather

On debt ceiling, Biden, McCarthy to meet Monday as negotiators ‘keep working’ to resolve standoff – The Denver Post

1 min read



WASHINGTON (AP) — The White House and House Republicans wrapped up another round of debt ceiling talks Sunday as Washington races to strike a budget compromise along with a deal to raise the nation’s borrowing limit and avert an economy-wrecking federal default.

President Joe Biden and House Speaker Kevin McCarthy spoke by phone Sunday while the president was returning home on Air Force One after the Group of Seven summit in Japan. They plan to meet Monday at the White House.

“It went well, we’ll talk tomorrow,” Biden said of the phone call as he arrived back in Washington late in the evening.

Upbeat, McCarthy, R-Calif., told reporters at the Capitol that the call was “productive” and that the on-again,…

The Associated Press

2023-05-21 21:31:25

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