US president Joe Biden and Speaker of the House Kevin McCarthy expressed a willingness to continue talks over the debt ceiling following their first face-to-face meeting on the issue on Wednesday, though they remained at odds over how to avoid a default.
The White House issued a statement describing the audience between the two leaders in the Oval Office as a “frank and straightforward dialogue”, while McCarthy said the men had a “good meeting”. There was mutual agreement to “continue the conversation”.
But it was clear that the Democratic president and the Republican congressional leader maintained different positions on raising the debt ceiling, the federal government’s legal borrowing limit.
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