LIVE | Debt ceiling update from McCarthy and congressional leaders
AP, 17 May 2023
Congressional Republicans will host negotiators from both sides of the aisle to provide an update on debt ceiling talks.
Negotiations shifted into an encouraging new phase Tuesday as President Joe Biden and House Speaker Kevin McCarthy named top emissaries to sort out a deal to avert an unprecedented national default. Biden cut short an upcoming overseas trip in hopes of closing an agreement before a June 1 deadline.