The leaders agreed to meet early next week, a White House spokesperson said.
U.S. President Joe Biden delivers remarks on the federal government's debt limit during a visit to SUNY Westchester Community College Valhalla in Valhalla, New York, U.S., May 10, 2023. REUTERS/Kevin Lamarque
Aides from both sides have started to discuss ways to limit federal spending, as talks on raising the government's $31.4 trillion debt ceiling to avoid a catastrophic default creep forward, people familiar with the discussions said. The aides to Biden, House of Representatives Republican Leader Kevin McCarthy, Republican Senator Mitch McConnell and Democrats Hakeem Jeffries and Chuck Schumer met Wednesday and Thursday to discuss raising the debt ceiling, the White House said earlier.
McCarthy told reporters at the Capitol that the delay was not a sign of trouble in the talks, with staff due to meet again tomorrow.
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