Biden, McCarthy debt ceiling meeting planned for Tuesday afternoon

      Comments Off on Biden, McCarthy debt ceiling meeting planned for Tuesday afternoon
Biden, McCarthy debt ceiling meeting planned for Tuesday afternoon

© Reuters. FILE PHOTO: U.S. President Joe Biden talks with House Speaker Kevin McCarthy (R-CA) as they depart following the annual Friends of Ireland luncheon at the U.S. Capitol in Washington, U.S., March src7, 2023. REUTERS/Evelyn Hockstein

WASHINGTON (Reuters) – A debt limit meeting between U.S. President Joe Biden and top lawmakers including Republican House of Representatives Speaker Kevin McCarthy has been scheduled for 3 p.m. ET (src900 GMT) on Tuesday, a senior administration official said.

The meeting was previously scheduled for last Friday, but was postponed.

Aides from both sides have been discussing ways to limit federal spending, as talks on raising the government’s $3src.4 trillion debt ceiling to avoid a catastrophic default creep forward.

Read More