2023-05-15 22:05:13
U.S. President Joe Biden confirmed that he will hold urgent talks with Republican congressional leaders including House Speaker McCarthy tomorrow to try to avoid a U.S. debt default.
The two major parties in the United States are still deeply divided on raising the debt ceiling. Republican members of Congress insist that Joe Biden agree to deep budget cuts before Republicans can support raising the debt ceiling before the national coffers are depleted. Lawmakers have been calling for the cap to be raised without any strings attached.
Agence France-Presse reported that Democrat Biden was asked today whether he would meet with McCarthy (Kevin McCarthy) tomorrow, and he gave an affirmative answer.
But McCarthy pointed out that there are still many issues that need to be discussed between the two parties, telling reporters today: “I still think there is a big difference between us.”
U.S. Treasury Secretary Janet Yellen has warned that a default on the debt might occur as soon as June 1, while the Congressional Budget Office on May 12 predicted a default might occur on June 15.
Biden previously met with Republican and Democratic heavyweight lawmakers on May 9, but did not break the deadlock on the debt ceiling at that time. (Translator: Chen Yanjun) 1120516
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