Debt Ceiling Talks to Resume as Biden, McCarthy Prepare to Meet Monday to Resolve Standoff
The White House confirmed the Monday meeting and late Sunday talks but did not elaborate on the leaders' call.
Even with a new wave of tax revenue expected soon, perhaps giving both sides more time to negotiate, Yellen said on NBC’s “Meet the Press” that"the odds of reaching June 15, while being able to pay all of our bills, is quite low.” Top Republican negotiator Rep. Garret Graves of Louisiana, speaking alongside McCarthy at the Capitol, said the numbers “are the foundation” of any agreement.
All sides have been eyeing the potential for the package to include a framework that would speed energy project developments.
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