High-stakes White House debt ceiling summit ends with no movement toward deal
newscatcher
2023-05-10 03:30
High-stakes White House debt ceiling summit ends with no movement toward deal
Anna Moneymaker/Getty Images (WASHINGTON) -- A high-stakes meeting Tuesday between President Joe Biden and congressional leaders on the debt ceiling ended with no solution as the nation barrels toward a June 1 deadline to reach a deal or risk default. "Everybody in this meeting reiterated the positions they were at. I didn't see any new movement," House Speaker Kevin McCarthy, R-Calif., told reporters as he left the White House. Biden, who later labeled the meeting "productive," told reporters he'll sit down with the leaders again on Friday and their staffs will meet daily in the interim to continue discussions.

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