It comes as the nation continues to edge closer to its legal borrowing authority with no agreement in sight.
, the president said Sunday, as the nation continues to edge closer to its legal borrowing authority with no agreement in sight.so staff-level talks could continue before Biden and the four congressional leaders huddled for a second time. Administration and congressional officials said Sunday that a meeting has not been finalized, although Tuesday was the likeliest option as Biden returns to Washington on Monday and is scheduled to leave for the Group of 7 summit in Japan on Wednesday.
Biden did signal over the weekend that he could be open to tougher work requirements for certain government aid programs, which Republicans are proposing as part of the ongoing discussion. He has said he will not accept anything that takes away people’s health care coverage. “The staff is very engaged. I would characterize the engagement as serious, as constructive,” Lael Brainard, head of the White House’s National Economic Council, said on CBS’ “Face the Nation.”
The Treasury Department has said the government could exhaust the ability to pay its bills as early as June 1.
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