President Joe Biden says he is confident the US will avoid an unprecedented and potentially catastrophic debt default, adding talks with congressional Republicans have been productive
"I'm confident that we'll get the agreement on the budget and America will not default," says Joe Biden. / Photo: AP
Biden's upbeat remarks came on Wednesday as a select group of negotiators began meeting to try and hammer out the final contours of a budget spending deal to unlock a path for raising the debt limit as soon as June 1. "I'm confident that we'll get the agreement on the budget and America will not default," Biden said from the Roosevelt Room of the White House.
The president said the budget talks were still separate from the debt limit issue, but the speaker said Biden had"finally backed off" his refusal to negotiate.
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