Debt-Limit Talks Are Far From Over, McCarthy Says Ahead of Biden Meeting

  • Biden will meet congressional leaders before Japan trip
  • ‘No agreement on anything,’ House speaker warns at the Capitol
President Biden ‘Optimistic’ on Reaching a Debt Ceiling Deal
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House Speaker Kevin McCarthy said ongoing talks to avert a historic US default were yielding little progress, even as President Joe Biden announced plans to meet with congressional leaders on Tuesday.

“We are nowhere near reaching a conclusion,” McCarthy said Monday on Capitol Hill, adding he felt that ongoing staff-level meetings are “not productive at all.”