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 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 17 Who are the 4 negotiators in the U.S. debt limit fight? By Seung Min Kim, Kevin Freking, Associated Press President Joe Biden and House Speaker Kevin McCarthy are turning to a select group of negotiators to help broker a deal to increase the nation's borrowing authority and avoid the economic carnage that would ensue if a deal is not… Continue reading
May 17 WATCH: Biden ‘confident’ agreement will be made with GOP, no debt default for U.S. By Seung Min Kim, Lisa Mascaro, Associated Press President Joe Biden is declaring he's confident the U.S. will avoid an unprecedented and potentially catastrophic debt default, saying talks with congressional Republicans have been productive. Continue reading
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 10 WATCH: Biden goes after Republicans on debt limit in campaign-style speech By Seung Min Kim, Josh Boak, Associated Press Biden on Wednesday blasted Republican-demanded spending cuts as “devastating,” making his case in a campaign-style speech to voters as lawmakers met in Washington on raising the government's borrowing limit to avoid a potentially catastrophic U.S. default. 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