Biden, McCarthy launch high-stakes U.S. debt ceiling talks as clock ticks to default
By Steve Holland WASHINGTON (Reuters) – President Joe Biden and top lawmakers met face-to-face on Tuesday as a deadlock over raising the $31.4 trillion U.S. debt limit threatened to push the country into an unprecedented default in as soon as three weeks if Congress does not act. Biden, a Democrat, told reporters he would not make comments as House of Representatives Speaker Kevin McCarthy, a Republican, sat in the Oval […]