![]() ![]() ![]() John Fetterman (Pa.) and Elizabeth Warren (Mass.) strongly criticized such proposals and threatened to vote against a deal that included them, potentially imperiling Democratic support for an agreement. The positive signals surrounding negotiations Tuesday came amid new pressure on the administration from its left flank not to agree to new work requirements on federal programs, which McCarthy said must be included in a final deal. Biden had said for months that Congress should raise the debt limit without any policy concessions from the White House, but as the “X-date” deadline for the government to run out of money nears, officials have been talking almost daily since last week. The current phase of negotiations began shortly after the House passed legislation last month that would raise the debt ceiling but also cut federal spending sharply, roll back green-energy programs and impose work requirements for some recipients of benefit programs. It’s not that difficult to get to an agreement.” that defaulting on the debt is not an option.”Įmerging from the White House meeting Tuesday afternoon, McCarthy said: “It is possible to get a deal by the end of the week. “We’re going to continue to make progress toward avoiding default,” the president said at a White House Jewish American Heritage Month celebration shortly after what he called a “good, productive meeting” with congressional leadership. Congressional Democratic leaders said they approved that arrangement. Garret Graves (R-La.) and McCarthy’s staff will lead the negotiations for McCarthy. White House Office of Management and Budget Director Shalanda Young and presidential counselor Steve Ricchetti have been appointed to lead the negotiations for the president, while Rep. The White House said staff would continue meeting daily, adding that Biden will check in with leaders by phone during his trip this week and in person when he returns. Aides to McCarthy and Biden will negotiate directly, lawmakers said, slimming down the number of parties involved in the talks as the deadline nears. White House officials also announced that Biden would be cutting short a visit to Asia as the administration seeks to finalize an agreement. Biden gave a similar assessment, though major differences remain between the two sides before a deal can be struck. House Speaker Kevin McCarthy (R-Calif.) sounded confident that an agreement could be reached ahead of a June 1 deadline to raise the nation’s borrowing limit or risk a global economic catastrophe. WASHINGTON - WASHINGTON - President Biden and top congressional leaders expressed optimism about urgent negotiations over the debt ceiling after a meeting at the White House on Tuesday, as the administration’s liberal allies worried that talks with House Republicans over the budget risk rewarding the GOP’s hard-line stance. Speaker of the House Kevin McCarthy of Calif., left, and Vice President Kamala Harris listen as President Joe Biden speaks during a meeting with Congressional leaders in the Oval Office of the White House, Tuesday, May 16, 2023, in Washington. ![]()
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