WATCH LIVE: President Biden discusses preventing first-ever government default governmentdefault kprc2 click2hou
“There’s still work to do," Biden said."But I made it clear to the speaker and others that we'll speak regularly over the next several days and staff's going to continue meeting daily to make sure we do not default.”
White House officials sought to soften the impact of the trip cancellations. National Security Council spokesman John Kirby noted that Biden will already have met with some of the leaders of the “Quad” — the purpose of the Australia leg of the visit — while in Japan, and the president is inviting Australian Prime Minister Anthony Albanese for an official state visit in Washington.
Among the items on the table: clawing back some $30 billion in untapped COVID-19 money, imposing future budget caps, changing permit regulations to ease energy development and putting bolstered work requirements on recipients of government aid, according to those familiar with the talks. Progressive lawmakers in particular have raised the issue. Rep. Pramila Jayapal, the chair of the Congressional Progressive Caucus, said, “We want to make sure that these negotiations do not include spending cuts, do not include work requirements, things that would harm people, people in rural areas, black, brown, indigenous folks.”
Compounding pressure on Washington to strike a deal, Treasury Secretary Janet Yellen said Monday that estimates are unchanged on the possible “X-date” when the U.S. could run out of cash. Time is dwindling. Congress has just a few days when both the House and Senate are in session to pass legislation, although scheduled recesses could be canceled if more time is needed to clear whatever deal the White House reaches with McCarthy.
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President Biden and congressional leaders to meet on debt limit as McCarthy pushes for faster dealPresident Joe Biden is ready to discuss the debt ceiling with congressional leaders at the White House in a high-profile session with reverberations across the globe as early outlines of a potential deal begin to emerge despite painstakingly slow negotiations.
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President Biden and congressional leaders to meet on debt limit as McCarthy pushes for faster dealPresident Joe Biden is ready to discuss the debt ceiling with congressional leaders at the White House in a high-profile session with reverberations across the globe as early outlines of a potential deal begin to emerge despite painstakingly slow negotiations.
Les mer »
President Biden and congressional leaders to meet on debt limit as McCarthy pushes for faster dealPresident Joe Biden is ready to discuss the debt ceiling with congressional leaders at the White House in a high-profile session with reverberations across the globe as early outlines of a potential deal begin to emerge despite painstakingly slow negotiations.
Les mer »
President Biden and congressional leaders to meet on debt limit as McCarthy pushes for faster dealPresident Joe Biden is ready to discuss the debt ceiling with congressional leaders at the White House in a high-profile session with reverberations across the globe as early outlines of a potential deal begin to emerge despite painstakingly slow negotiations.
Les mer »
President Biden and congressional leaders to meet on debt limit as McCarthy pushes for faster dealPresident Joe Biden is ready to discuss the debt ceiling with congressional leaders at the White House in a high-profile session with reverberations across the globe as early outlines of a potential deal begin to emerge despite painstakingly slow negotiations.
Les mer »
President Biden and congressional leaders to meet on debt limit as McCarthy pushes for faster dealPresident Joe Biden is ready to discuss the debt ceiling with congressional leaders at the White House in a high-profile session with reverberations across the globe as early outlines of a potential deal begin to emerge despite painstakingly slow negotiations.
Les mer »