U.S. debt ceiling talks could cut Biden’s overseas trip short: White House
Biden met with House Speaker, R-Calif., Senate Majority Leader Chuck Schumer, D-N.Y., House Minority Leader Hakeem Jeffries, D-N.Y., and Senate Minority Leader Mitch McConnell, R-Ky. Unlike last week’s meeting, Vice President Kamala Harris was participating in Tuesday’s session.
Biden is discussing the debt ceiling with congressional leaders at the White House with reverberations across the globe as early outlines of a potential deal begin to emerge from painstakingly slow negotiations. McCarthy stopped short of suggesting Biden cancel his trip abroad. But he said at the Capitol, “We’ve got 16 more days to go, I don’t think I’d spend eight days out of the country.”It’s the second time in a week that Biden has met with McCarthy of California and other congressional leaders at the White House.
Democrats are growing concerned about the idea of putting new work requirements for government aid recipients on the table after Biden suggested he may be open to such changes. Biden has insisted Republicans must rule out default and consider budget issues separate from the need to raise the nation’s debt limit.
“It is essential that Congress act as soon as possible,” Yellen said Tuesday in remarks before the Independent Community Bankers of America.
Philippines Latest News, Philippines Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
The House calls it a national emergency, but will there be action?There’s blatant irony in talking reconciliation when Indigenous people continue to be at a much higher risk of violence, health challenges and racism.
Read more »
Russia looks to purchase more attack drones from Iran after depleting stockpile: White HouseThe White House on Monday said Russia is looking to buy additional advanced attack drones from Iran for use in its war against Ukraine after using up most of the 400 drones it had previously purchased from Tehran.
Read more »
House passes official languages bill to enshrine francophone immigration in law | National NewswatchNational Newswatch: Canada's most comprehensive site for political news and views. Make it a daily habit.
Read more »
‘The Bear’ Is Going Through A Big Renovation In Season 2 Trailer'The Bear' is coming back. On Monday, the official trailer dropped for the second season of the hit, highly acclaimed series starring Jeremy Allen White. [readmore label='READ MORE: ' link='https://etcanada.com/news/915969/jeremy-allen-white-admits-the-bear-fans-have-one-major-issue-with-the-show/' text='Jeremy Allen White Admits ‘The Bear’ Fans Have One Major Issue With The Show'] At the end of the show's first season, White's character Carmy…
Read more »
‘Very concerning’: U.S. debt limit talks appear to stall as crisis looms - National | Globalnews.caThe Treasury Department on Monday left unchanged a deadline as soon as June 1 when the nation will have exhausted its ability to cover its debt payments.
Read more »
CIM Sudbury wins national CIM award as Outstanding BranchLocal branch of national mining organization is recognized for outstanding contributions to industry and the community
Read more »