The debt ceiling meeting scheduled for May 12 between President Joe Biden and top congressional leaders has been pushed back until next week, according to The White House.
The leaders were scheduled to meet to discuss lifting the debt ceiling in order to avoid a default on the country’s debt obligations before the June 1 deadline.
“Staff will continue working, and all the principals agreed to meet early next week,” the White House spokesperson told The Epoch Times.
House Speaker Kevin McCarthy told reporters that postponing doesn’t mean talks with the president have fallen apart, confirming that the meeting had been rescheduled. He said that there hasn’t been sufficient progress for a follow up meeting this week….