White House tries to quell Democratic fears on debt limit negotiations

1 year ago
4

When House Speaker Kevin McCarthy concluded his 90-minute meeting at the White House on Monday, there were few indications of Democrats and Republicans making significant progress towards a debt ceiling agreement.

However, the contentious atmosphere that had overshadowed recent discussions appeared to have eased, as leaders from both sides cautiously expressed optimism while their aides continued negotiations late into the night, Semafor reported.

Addressing reporters after the meeting, McCarthy remarked, “I think the tone tonight was better than any other time we’ve had discussions.” President Biden also issued a statement, asserting, “We reiterated once again that default is off the table and the only way to move forward is in good faith toward a bipartisan agreement.”

"White House tries to quell Democratic fears as it negotiates on the debt limit"
READ MORE: https://www.semafor.com/article/05/22/2023/biden-debt-limit-negotiations

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