On May 16, local time, after talks with congressional leaders on the debt ceiling, U.S. President Joe Biden said he was optimistic that an agreement could be reached. Negotiating in good faith and recognizing that neither side will get everything it wants makes it possible to achieve a responsible bipartisan budget agreement.
Senate Majority Leader and Democrat Schumer said that the talks between congressional leaders and President Biden on the debt ceiling that day were “much cordial” than the last time, and leaders of both parties agreed that debt default “is not an acceptable option.” The two parties “must find common ground.”
On the same day, the Speaker of the US House of Representatives McCarthy told reporters after meeting with President Biden on the debt ceiling issue that the Republicans and Democrats still have great differences on the debt ceiling issue, but it is possible to reach an agreement before the end of this week.
It is reported that Biden will communicate with McCarthy and other congressional leaders on the debt ceiling issue by phone this week.
(Article source: CCTV news client)
Article source: CCTV news client
U.S. President Biden, congressional leaders express optimism for debt ceiling deal
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