AMN
The US President Joe Biden and top lawmakers failed to break a deadlock on Tuesday in face-to-face talks over raising the $31.4 trillion U.S. debt limit. But they vowed to meet again with just three weeks before the country may be forced into an unprecedented default.
After about an hour of talks in the Oval Office, Biden, a Democrat, and House of Representatives Speaker Kevin McCarthy, a Republican, showed no signs of softening their positions as a default looms as early as June 1. But talks among aides may continue on the federal budget. Biden called the meeting “productive” and reported that McCarthy said during the meeting that the U.S. would not default on its debt.