McCarthy says Biden call on debt limit ‘productive,’ leaders to meet Monday

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McCarthy says Biden call on debt limit 'productive,' leaders to meet Monday  at george magazine

President Joe Biden walks with House Speaker Kevin McCarthy, R-Calif., as he departs following the annual St. Patrick’s Day luncheon on Capitol Hill on Friday, March 17, 2023, in Washington, DC. (Jabin Botsford/Washington Post/Getty Images)

Speaker Kevin McCarthy (R-Calif.) said on Sunday that a call with President Biden about the debt limit and looming default earlier in the day was “productive” and that the pair will meet in-person on Monday. 

“I believe it was a productive phone call,” McCarthy said. 

The White House had arranged the call in an effort to reignite talks as Biden heads back to Washington from the Group of Seven (G7) summit in Japan. He cut his international trip short early to return to the U.S. for the talks.

Negotiations between Biden and House Republicans have stalled as the White House pushes for a clean debt limit increase and GOP lawmakers push for spending cuts. The Treasury has warned the U.S. could default as soon as June 1.

“Look, we’re 11 days out. We’ve got to be able to solve this problem,” McCarthy said on Sunday.

This is a developing story.

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Debt limit


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Joe Biden


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Kevin McCarthy


President Joe Biden


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