President Joe Biden will not negotiate over the debt ceiling during his meeting with four top congressional leaders on May 9, but he will discuss starting 'a separate budget process' to talk about spending priorities, the White House said on Tuesday.
U.S. President Joe Biden delivers remarks during an event marking National Small Business Week, in the Rose Garden of the White House in Washington, U.S., May 1, 2023. REUTERS/Leah Millis/File Photo
"He is not going to negotiate on the debt ceiling," White House press secretary Karine Jean-Pierre said. But the president "is willing to have a separate conversation about their spending, what they want to do with the budget." The White House and Biden have previously asked Republicans for a clean debt ceiling hike and offered to discuss spending once the risk of default is off the table. Biden's position to discuss spending reflects a subtle shift in the White House's position to have discussions even as the risk of default looms.
The White House knew Yellen's letter would be released on Monday, Jean-Pierre said. The president thought it was a "good opportunity to remind Congressional leaders that we must not default," she said.in Jerusalem, where he is on a diplomatic trip, to invite him to the May 9 White House meeting. The two leaders haven't sat down to discuss the issue since February.
Singapore Latest News, Singapore Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
President Joe Biden commutes sentences of 31 convicted of drug crimesMany would have gotten a lower sentence if they were charged today with the same offense because of changes in the laws. A commuted sentence means they’ll spend less time in home confinement.
Read more »
WATCH: Hunter Biden ignores questions about President Biden refusing to acknowledge daughter with ex-stripperHunter Biden ignored Fox News Digital's questions about the refusal of his father, President Joe Biden, to acknowledge Hunter's 4-year-old daughter born out of wedlock.
Read more »
Biden says regulators’ actions on First Republic will ‘make sure that the banking system is safe and sound’Biden says regulators’ actions with First Republic ‘are going to make sure that the banking system is safe and sound’
Read more »
Biden administration to let Afghan evacuees renew temporary legal status amid inaction in CongressThe move will serve as a reprieve to tens of thousands of Afghans who were bracing for the prospect of losing their ability to work and live in the U.S. legally this summer.
Read more »
Biden administration urges Congress to raise debt ceiling before JuneU.S. Secretary of the Treasury Janet Yellen urged Speaker of the House Kevin McCarthy to raise or suspend the debt ceiling by June.
Read more »
Analysis: Biden travel, Congress recess to squeeze debt limit timeline even moreFor months, the U.S. crisis over the debt limit has been a political abstraction. Not anymore.
Read more »