May 16 WATCH: McCarthy speaks after another round of debt ceiling talks with Biden By Lisa Mascaro, Seung Min Kim, Associated Press McCarthy said one important development from the meeting was that the president had “changed the scope” of who is negotiating in the staff conversations that have been slow-going over the past week. Continue reading
May 16 WATCH: White House hosts another round of debt ceiling talks between Biden, congressional leaders By Lisa Mascaro, Fatima Hussein, Seung Min Kim, Associated Press Crucial debt ceiling negotiations are still far from success, but a deal is possible by the end of the week, McCarthy said after a brief meeting Tuesday with President Joe Biden and other congressional leaders at the White House. Continue reading
May 11 Debt limit meeting between Biden, Congress leaders put off until next week By Lisa Mascaro, Zeke Miller, Associated Press The White House says President Joe Biden's follow-up meeting with congressional leaders on averting a potential default has been postponed until next week. Continue reading
May 09 WATCH: Biden says debt ceiling talk with McCarthy was ‘productive’ By Zeke Miller, Seung Min Kim, Josh Boak, Lisa Mascaro, Associated Press Biden said he and congressional leaders had a “productive” meeting Tuesday on trying to raise the nation's debt limit though no agreement was reached, and they will meet again Friday to try to avert the risk in weeks of an… Continue reading
May 09 WATCH: McCarthy says he ‘didn’t see any new movement’ on debt ceiling after meeting with Biden By Zeke Miller, Seung Min Kim, Josh Boak, Lisa Mascaro, Associated Press House Speaker Kevin McCarthy says after meeting with President Joe Biden and other Democrats that he "didn't see any new movement" toward ending a months-long impasse over raising the nation's borrowing limit. Continue reading
May 09 WATCH: Can Biden and the GOP avoid a debt ceiling default? With the government at risk of being unable to meet its obligations as soon as June 1, raising the specter of economic chaos, Republicans are coming to the White House hoping to negotiate sweeping cuts to federal spending in exchange… Continue reading
May 09 WATCH: White House holds news briefing ahead of ‘Big 4’ debt ceiling meeting with Biden By Lisa Mascaro, Associated Press McCarthy said Tuesday that a federal debt deal with Biden is needed by next week if Washington hopes to avert a catastrophic national default as a June 1 deadline nears when money could run short for paying America's bills. Continue reading
May 09 Biden to meet with Speaker McCarthy, other congressional leaders, over debt ceiling crisis By Lisa Mascaro, Associated Press As President Joe Biden meets Tuesday with House Speaker Kevin McCarthy and other congressional leaders for the first time over the debt ceiling crisis, the options for easing out of the standoff are many. Continue reading
May 08 Watch 3:22 News Wrap: Federal employee union sues Biden and Yellen over debt limit In our news wrap Monday, a federal employee union is suing President Biden and Treasury Secretary Janet Yellen over the debt limit, Russia launched more Iranian-made drones targeting Ukrainian cities, the death toll from a flood disaster in eastern Congo… Continue watching
May 08 Lawsuit calls on Treasury Secretary Yellen to ignore ‘unconstitutional’ debt limit By Christopher Rugaber, Fatima Hussein, Associated Press A union of government employees has sued Treasury Secretary Janet Yellen and President Joe Biden to try to stop them from complying with the law that limits the government's total debt, which the lawsuit contends is unconstitutional. Continue reading