Debt ceiling talks postponed until next week: White House

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WASHINGTON: Crunch talks between US President Joe Biden and senior Republicans have been postponed until early next week to allow staff to continue working, the White House said in a statement on Thursday (May 11). A source familiar with the meetings between Democratic and Republican leaders said this was

WASHINGTON: Crunch talks between US President Joe Biden and senior Republicans have been postponed until early next week to allow staff to continue working, the White House said in a statement on Thursday .

But the Republican speaker of the House of Representatives, Kevin McCarthy, accused Democrats, including Senate Minority Leader Chuck Schumer, of holding up the"President Biden and Senator Schumer are stuck on no, they have no plan, no proposed savings and no clue," he told reporters shortly after the White House announced the talks had been postponed.

Source: Loan Digest (loandigest.net)

 

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