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US debt: Joe Biden talks to the leader of the Republicans on Sunday

The US president will meet this Sunday with the leader of the Republican opposition to try to break the US debt stalemate that raises the possibility of a default that would have serious consequences.

Joe Biden, who is in Japan for the G7 summit, will speak on Sunday with the Republican leader about the US debt ceiling, whose negotiations have taken “a step back” according to the White House, accusing each side of blocking the discussions.

A scheduled phone call with the Republicans

“The president has asked his team to coordinate” with Kevin McCarthy, the leader of the Republicans in the House of Representatives, to schedule a phone call after their G7 meetings in Hiroshima, western Japan. said declared the US presidency.

His interview will take place after Joe Biden’s last press conference scheduled for 6:15 p.m. local time (09:15 GMT), early in the morning in Washington, according to the same source.

On Saturday night, negotiations between the White House and the Republican opposition appeared to be at an impasse as time was running out to avoid a US default that could happen as early as June 1, with potentially catastrophic consequences for the US economy, and even for the world.

Joe Biden returns to Washington on Sunday

The negotiations are taking place in the absence of Joe Biden, who has interrupted his Asia-Pacific tour due to this debt crisis. He is due to return to Washington on Sunday after the end of the Hiroshima summit.

Republicans are demanding drastic government budget cuts before giving the green light to raise the debt ceiling.

The Republican team put on the table Friday night “an offer that was a huge step backwards and contained a set of extreme partisan demands that could never be passed in both houses of Congress,” said Puerta in a statement – a spokesman for The whites-. House, Karine Jean-Pierre, calling to “be serious.”

And, according to her, it is the Republican officials under the control of those close to Donald Trump “who (threaten) to put our nation in default for the first time in our history”, but “not the president (Joe Biden) nor the officials democrats”.

“The White House has taken a step back in the negotiations”

Republican leader Kevin McCarthy told him in a tweet Saturday night that “the White House has taken a step back in negotiations.”

The US president had warned on Saturday that he would not give in to the “extreme” demands of the Republicans, but he was also optimistic about the ability to close an agreement in the coming days.

Author: obstetrics with AFP
Source: BFM TV

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