Under Pressure From Fellow Democrats, Biden Agrees To Meet With Republicans on Debt Limit
Treasury Secretary Yellen said Monday that the ‘best estimate’ is that the government ‘will be unable to continue to satisfy all of the government’s obligations by early June, and potentially as early as June 1.’
After weeks of refusing to sit down with congressional leaders to work on a debt ceiling compromise, President Biden agreed to meet with Speaker McCarthy and his fellow Republicans in order to avoid default before what is now possibly a June 1 deadline.
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