Tentative Progress but No Deal Ahead of Biden Debt-Ceiling Meeting

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Tentative Progress but No Deal Ahead of Biden Debt-Ceiling Meeting
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The meeting between President Biden and congressional leaders will be a significant test of whether staff-level work on raising the debt ceiling and limiting spending can win broader buy-in

WSJ explains why U.S. debt has become the center of the economy. Photo Illustration: Madeline Marshalland limit spending are starting to emerge, but negotiators are far from an agreement as President Biden and top lawmakers are set to meet at the White House on Tuesday afternoon.

White House and congressional staff have been meeting behind closed doors for several days, and people briefed on the discussions said they . But Tuesday’s meeting between Mr. Biden and the congressional leaders will be a significant test of whether the staff-level work can win broader buy-in, amid mounting signs that progressive Democrats are opposed to some of the proposals under discussion.

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