Debt-ceiling deal not looking likely yet as Biden meets with McCarthy and other lawmakers

No debt-limit breakthrough forecast as Biden hosts party leaders at White House

As President Joe Biden prepares to host a much-anticipated meeting on the U.S. debt ceiling with the country’s four top lawmakers, analysts are predicting there won’t be a deal yet on this issue.

If the meeting at the White House, scheduled for around 4 p.m. Eastern time Tuesday, were to conclude with an agreement, that would be very surprising, said Chris Krueger, managing director at TD Cowen’s Washington Research Group, in a note on Tuesday.

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