Biden expects to meet lawmakers Tuesday for debt talks, says he is optimistic | Inquirer Business

Biden expects to meet lawmakers Tuesday for debt talks, says he is optimistic

/ 08:09 AM May 15, 2023

President Joe Biden interviewed by reporters

U.S. President Joe Biden speaks to reporters before boarding Air Force One as he departs for Dover, Delaware, from Joint Base Andrews in Maryland, U.S., May 13, 2023. REUTERS/Joshua Roberts/File photo

REHOBOTH BEACH, Delaware  -U.S. President Joe Biden said on Sunday he expects to meet with congressional leaders on Tuesday for talks on a plan to raise the nation’s debt limit and avoid a catastrophic default.

Speaking to reporters in Delaware, Biden said he remained optimistic about agreeing on a deal.

Article continues after this advertisement

Biden had been scheduled to meet with lawmakers on Friday but the meeting was postponed.

FEATURED STORIES

https://business.inquirer.net/400568/debt-ceiling-talks-postponed-until-next-week-says-white-house

Biden said he had received an update on how talks had gone between administration staffers and their congressional counterparts.

Article continues after this advertisement

“I remain optimistic because I’m a congenital optimist,” Biden said. He said he believed there was a desire on both sides to reach an agreement. “I think we’ll be able to do it.”

Article continues after this advertisement

Biden said he still planned to leave on a trip to Japan this week for a meeting of G7 leaders. He has been scheduled to leave on Wednesday.

Article continues after this advertisement

READ MORE:

https://business.inquirer.net/400162/biden-mccarthy-divided-over-debt-ceiling-but-talks-continue

Article continues after this advertisement

https://business.inquirer.net/400554/whats-the-14th-amendment-and-can-it-help-avert-a-debt-crisis

Your subscription could not be saved. Please try again.
Your subscription has been successful.

Subscribe to our daily newsletter

By providing an email address. I agree to the Terms of Use and acknowledge that I have read the Privacy Policy.

TAGS: Congress, debt ceiling, Joe Biden, negotiations

Your subscription could not be saved. Please try again.
Your subscription has been successful.

Subscribe to our newsletter!

By providing an email address. I agree to the Terms of Use and acknowledge that I have read the Privacy Policy.

© Copyright 1997-2024 INQUIRER.net | All Rights Reserved

This is an information message

We use cookies to enhance your experience. By continuing, you agree to our use of cookies. Learn more here.