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Top Treasury official says debt limit talks have been..
‘constructive’ as Biden expresses optimism for a deal
A top US economic official said Sunday that talks between congressional staff and the White House have been “constructive” as the US barrels toward a debt limit deadline that could come as soon as June 1.“
The conversations are constructive between all the parties,” Deputy Treasury Secretary Wally Adeyemo said on “State of the Union.
”President Biden, said he “looks forward to getting together with the leaders to talk about how we continue to make progress.”
Talks between congressional leadership and Biden were canceled on Friday as staff-level talks continued, with additional meetings expected this week.
Last edited by Spunky (5/14/2023 6:43 pm)
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Re: Top Treasury official says debt limit talks have been..
President Biden is expected to meet tomorrow with congressional leaders on the debt ceiling limit following “productive” staff-level negotiations over the weekend, two sources familiar with the talks said on Sunday, as the US barrels toward a deadline that could come as soon as June 1.
Negotiators have been able to pinpoint some areas on which congressional staff and the White House can find common ground, including revising the permitting process, rescinding unspent Covid-19 relief funds and potentially cutting spending, the sources said.Biden and the top four congressional leaders – House Speaker Kevin McCarthy, House Minority Leader Hakeem Jeffries, Senate Majority Leader Chuck Schumer and Senate Minority Leader Mitch McConnell – held talks on the debt limit last week in the Oval Office.
Tomorrow's meeting, which has not yet been officially confirmed, according to the sources, comes after a planned Friday meeting was postponed as the staff-level talks continued.
Last edited by Spunky (5/15/2023 4:46 pm)
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