Biden, McCarthy speak on debt crisis; GOP negotiator says issues remain ...Middle East

Business Standard - Economy

President Joe Biden and House Speaker Kevin McCarthy spoke directly Saturday evening as they raced to strike an agreement that would resolve the looming debt crisis ahead of a June 5 deadline and avert a catastrophic US default. Biden also spoke earlier in the day with Democratic leaders in Congress to discuss the status of the talks, according to three people familiar with the situation, who spoke on condition of anonymity because they were not authorized to discuss the matter publicly. But the two sides have not reached a deal yet. "Big, thorny issues remain, one of the top negotiators, Rep. Patrick McHenry, R-N.C., told reporters in the evening. Some of those outstanding issues he said th

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Biden, McCarthy speak on debt crisis; GOP negotiator says issues remain ...Middle East

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