Biden’s Debt Ceiling Meeting With McCarthy Pushed to Next Week
- Postponement signals staff may be making progress on deal
- Aides have been talking since leaders met on Tuesday
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President Joe Biden and House Speaker Kevin McCarthy postponed their meeting on the debt ceiling set for Friday as their aides continue negotiations toward avoiding a catastrophic US default.
The delay signals that staff-level talks on energy permitting reform and government spending have yielded progress, according to people familiar with the talks. The speaker said Biden planned to meet with him and other congressional leaders next week, though neither side specified a date.