Biden seeks meeting with McCarthy as Treasury warns of possible June 1 default
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There are 1,501 news articles covering this topic.
38% (568) are left-leaning, 55% (825) are centrist, and 7% (108) are right-leaning.
On Monday, as the threat of a potential default loomed, President Joe Biden invited Speaker Kevin McCarthy (R-Calif.) to the White House to discuss negotiations on the debt ceiling. Left-leaning articles highlight that the Treasury’s announcement spurred Biden into action after months of a standstill, while right-leaning articles highlight the suddenness of Biden’s change in tune following the new developments in the discussion about the federal debt limit.
USA Today published a centrist article reporting that Biden invited McCarthy and other congressional leaders to the White House for discussions about the debt ceiling following Treasury Secretary Janet Yellen’s warning that the U.S. could default by June 1 if no urgent actions are taken. White House officials said that Biden is still firm in his resolve to raise the debt ceiling without conditions, while House Republicans hope for a debt bill that reduces spending along with raising the debt ceiling.
A left-leaning article by CNN highlighted that Yellen’s urgent warning about the default that could come by next month has spurred Biden into inviting House Republicans to discuss the debt limit after months of a standstill. Yellen added that while the exact date that the Treasury would no longer be able to pay the government’s bills cannot be determined, it is projected that the government will exhaust its funds by early June due to weaker-than-expected tax collections.
A right-leaning article by The Washington Times highlighted that the latest developments represent a change in tune for the Biden administration, which has long refused to engage in negotiations with House Republicans who are hoping to reduce federal spending alongside raising the debt limit. The official announcement did not mention that Biden would agree to the spending cuts outlined in McCarthy’s debt bill.
From the center
Biden seeks meeting with Kevin McCarthy as Treasury warns of possible June 1 default
USA Today
From the right
Biden invites McCarthy to White House for debt talks as new default deadline looms June 1
Washington Examiner