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Biden, congressional leaders likely to meet Tuesday for talks on raising the debt limit

President Joe Biden speaks to members of the media as he goes on a bike ride in Gordons Pond State Park in Rehoboth Beach, Del., Sunday, May 14, 2023
AP Photo/Carolyn Kaster
President Joe Biden speaks to members of the media as he goes on a bike ride in Gordons Pond State Park in Rehoboth Beach, Del., Sunday, May 14, 2023

By SEUNG MIN KIM
Associated Press

REHOBOTH BEACH, Del. (AP) — President Joe Biden says he and congressional leaders will likely resume talks on Tuesday at the White House over the debt limit as the nation continues to edge closer to its legal borrowing authority with no agreement in sight. The meeting was initially supposed to occur Friday, but was abruptly postponed to let the staff-level talks continue a bit longer before bringing it back to the president and the four leaders. Administration and congressional officials said Sunday that a meeting has not been finalized. Biden told reporters that he remains optimistic that he and the Republicans will reach agreement on the debt limit.

Article Topic Follows: AP National News

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