U.S. President Joe Biden said on Wednesday that he believes debt negotiations will be concluded and the U.S. will avoid a default.
The president addressed reporters at the White House before leaving for Japan. “I am confident that a deal will be reached on the budget and the United States will avoid a default,” he said.
Biden, House Speaker cautiously optimistic about debt ceiling deal
The president said he plans to stay in close contact with Speaker of the House McCarthy and other negotiators. He also expressed the view that an agreement will not be reached by the time he returns from Japan on the 21st.
“Over the next few days, we will continue to have discussions with parliamentary leadership until an agreement is reached,” he said.
House Speaker McCarthy Confident Will Not Default
The president also said he would not agree to tougher work requirements for Medicare benefits, but did not draw a similar line in negotiations for other social security programs. . House Republicans are also calling for stricter requirements for food stamps, which help people buy food.
Video: US President Biden speaking to reporters at the White House
After President Biden’s remarks, House Speaker McCarthy also spoke publicly, revealing that he briefly participated in last night’s staff negotiations.
McCarthy told reporters it was “workable” to get the debt ceiling dealt with this week.
House Speaker McCarthy Confident Will Not Default
Original title:Biden ‘Confident’ on Reaching Debt Deal as He Heads to Japan (1)(excerpt)
McCarthy Says Reaching Debt-Limit Deal This Week Is ‘Doable’（抜粋）
(Add House Speaker McCarthy’s remarks to last two paragraphs)
2023-05-17 15:25:00
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