Biden, McCarthy Vow More Debt-Limit Talks as US Default Looms
- Congress leaders to meet president again at White House Friday
- Republicans, White House officials to discuss spending levels
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President Joe Biden and congressional Republicans made little tangible progress Tuesday toward averting a first-ever US default, but pledged negotiations on spending that would open the door to a possible agreement.
Congressional aides and presidential staff will begin budget discussions in the coming hours, ahead of another meeting on Friday with Biden and congressional leaders, including House Speaker Kevin McCarthy.