Washington – Sputnik. And in a statement from the White House, that after a new round of talks between Joe Biden and congressional leaders: “The president stressed that although there is a lot of work on many difficult issues, he looks optimistically at the prospect of a responsible bipartisan budget agreement if he negotiates.” The two parties are in good faith and acknowledge that neither of them will achieve the fulfillment of their demands in full.
According to the White House statement, the US President instructed the representatives of the two parties to continue to hold daily meetings on unresolved aspects of the public debt problem.
It is noteworthy that Biden will go to Japan with a visit, where the meeting of the leaders of the seven major countries will take place, at a time when he stressed before that visit that defaulting on debt is not an option, and that he is “confident that we will make progress on avoiding debt default.”
And last Tuesday, Biden and congressional leaders discussed the budget issue for fiscal year 2024, but they failed to achieve meaningful breakthroughs.
Although Biden expressed optimism about the prospects for a second meeting with congressional leaders, US House Speaker Kevin McCarthy said on Monday that there was “no progress” on debt ceiling talks ahead of the meeting.
And last January, the United States reached its debt limit of $ 31.4 trillion, set in December 2021, which prompted the US Treasury Department to use accounting maneuvers known as “extraordinary measures” to enable the government to pay its bills, Such as curbing some government investment.
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2023-05-16 21:52:00