Biden, McCarthy to hold pivotal meeting on debt ceiling as time to resolve standoff grows short
President Biden and House speaker Kevin McCarthy will meet today for a critical talk, says time grows short to end the debt ceiling standoff. The president called McCarthy from Air Force One while flying home from Japan last night. Saying it went well. McCarthy was also upbeat. I believe it was a productive phone call. Won that led to negotiators resuming stalled talks, including North Carolina Republican Patrick mchenry. The fact that our principal spoke made a big difference reset where we're guidance and I think that was helpful. Still make Henry says there are obstacles and the race is on, with treasury chief Janet Yellen, saying June 1st is a hard deadline to raise the debt limit and avoid default. Sagar Meghani, Washington.