Congress & Federal Issues

Concerns mount as debt ceiling deadline nears
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President Joe Biden met with congressional leadership from both parties Tuesday to negotiate an end to the federal debt ceiling dispute. Both Biden and House Speaker Kevin McCarthy delivered comments and took questions following the closed-session meeting. Biden called the meeting productive. The meeting was called to discuss a path beyond the current debt ceiling problems.
“America is not going to default on this debt for the first time in history. Never has, never well,” Biden said.