“We remain optimistic,” White House spokeswoman Karen Jean-Pierre told reporters in Japan, where President Joe Biden is attending a meeting of G7 leaders.
For his part, Republican Representative Patrick McHenry said a meeting between the White House and Republican Party negotiators on raising the US debt ceiling ended Friday night without progress.
McHenry added that he is not convinced that negotiators will achieve the goal sought by Kevin McCarthy, Speaker of the House of Representatives, represented in the resolution of the crisis of raising the debt ceiling in the coming days.
In turn, Republican Rep. Garrett Graves said the timing of the next meeting with the White House on this issue was “unspecified at this time.”
Negotiators have little time to reach a deal to increase the federal government’s $31.4 trillion borrowing limit or risk a catastrophic default, even though the Treasury Department has warned the government may not pay all its obligations by June 1.
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