May 22 No agreement yet on debt ceiling, but McCarthy say he’s optimistic after meeting By Lisa Mascaro, Stephen Groves, Zeke Miller, Associated Press It's a crucial moment for the Democratic president and the Republican speaker, just 10 days before a looming deadline to raise the debt limit. Continue reading
May 22 Why Biden is cautious about using the 14th Amendment to address the debt ceiling crisis By Zeke Miller, Josh Boak, Associated Press Biden has not ruled out using what he sees as an untested legal theory to ensure the country can meet its financial obligations if lawmakers don't act. But the president has said he's skeptical that it is a viable option. Continue reading
May 22 Biden, McCarthy to discuss debt limit as deadline to avoid default looms By Lisa Mascaro, Stephen Groves, Zeke Miller, Associated Press Washington is racing to strike a budget compromise and raise the nation’s borrowing limit in time to avert a potentially devastating federal default as soon as next week. Continue reading
May 21 Debt limit negotiations resume as McCarthy, Biden plan for pivotal meeting Monday By Stephen Groves, Zeke Miller, Josh Boak, Associated Press Debt ceiling talks between the White House and House Republicans resumed Sunday at the Capitol 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. Continue reading
May 21 Watch 2:40 News Wrap: McCarthy, Biden to meet Monday for high-stakes debt limit talks In our news wrap Sunday, as Biden returns to the U.S. from the G7 summit in Japan, House Speaker McCarthy agreed to meet with the president on Monday to continue debt limit negotiations, Russia claims its forces have taken the… Continue watching
May 21 WATCH: Biden holds news briefing on stalled debt limit talks as G7 summit wraps up By Zeke Miller, Josh Boak, Stephen Groves, Associated Press Biden and House Speaker McCarthy will meet in person on Monday as the government races against a looming deadline to raise America’s debt limit before federal funds potentially run dry early next month. Continue reading
May 20 Watch 2:00 News Wrap: Debt ceiling standoff looms as Biden attends G7 talks In our news wrap Saturday, Biden heads into his last day of the G7 summit in Japan as debt limit talks stall in Congress, Ukrainian President Zelenskyy arrived in Hiroshima to gather support from world leaders ahead of a planned… Continue watching
May 20 Debt limit talks make little apparent progress as Biden, world leaders watch from afar By Kevin Freking, Associated Press Debt limit talks between the White House and House Republicans stopped, started and stopped again heading into a weekend where President Joe Biden and world leaders watched from afar, hoping high-stakes negotiations would make progress on avoiding a potentially catastrophic… Continue reading
May 19 WATCH: White House holds briefing as Biden attends G-7 summit, debt limit talks stall By Lisa Mascaro, Farnoush Amiri, Zeke Miller, Associated Press Top Republican negotiators for McCarthy said after the evening session that they were uncertain on next steps. But the White House publicly expressed optimism that a resolution could be reached if parties negotiated in “good faith.”… Continue reading
May 19 New poll shows majority of adults in U.S. say they are concerned about debt limit, don’t understand latest negotiations By Darlene Superville, Fatima Hussein, Associated Press A new poll finds that most U.S. adults say they are highly concerned about how the nation's economy would be affected if the debt limit isn't increased and the government can't pay its debts. Continue reading