Debt ceiling: Biden calls congressional leaders and invites them to meet

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Debt ceiling: Biden calls congressional leaders and invites them to meet
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President Biden called the four congressional leaders Monday afternoon and invited them to a May 9 meeting on the debt ceiling, according to three people familiar with the calls.

The White House later announced in a statement that the invitation had been made:"This afternoon, President Biden called Speaker McCarthy, who is leading a CODEL in Israel, to invite him to a meeting at the White House on May 9 with Leader Jeffries, Leader Schumer, and Leader McConnell, who the President also called today."

According to a White House official, in his meeting with congressional leaders, Mr. Biden will stress that Congress must take action to avoid default without conditions. The president invited the four leaders to the White House to discuss the urgency of preventing default, the official said. And, at the same time, Mr. Biden plans to raise with them how a separate process might be initiated to address the budget and appropriations for the 2024 fiscal year.

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