No Debt Ceiling Agreement in White House Meeting, Though Biden and McCarthy Call Talks Productive

No Debt Ceiling Agreement in White House Meeting, Though Biden and McCarthy Call Talks Productive https://ift.tt/tX6gw09 President Joe Biden and House Speaker Kevin McCarthy say they and their lead negotiators have had a productive meeting at the White House on the impasse over the government's debt ceiling. Yet there was no agreement Monday as Washington races to strike a budget compromise and raise the nation’s borrowing limit in time to avert a potentially devastating federal default as soon as next week. Despite the lack of movement toward a possible agreement, both men appeared upbeat as they face a deadline, as soon as June 1, when the government could run out of cash to pay its bills.