Biden Hopeful of Debt Ceiling Deal as McCarthy Says Democrats ‘Want a Default’

Biden Hopeful of Debt Ceiling Deal as McCarthy Says Democrats ‘Want a Default’
President Joe Biden speaks at an event at the White House on May 11, 2023. Madalina Vasiliu/The Epoch Times
Lawrence Wilson
Updated:
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President Joe Biden is optimistic about reaching an agreement with congressional Republicans on the nation’s debt ceiling. A follow-up meeting between the parties will take place on May 16, the president said.

House Speaker Kevin McCarthy (R-Calif.) told reporters that Democrats appear to want a default more than they want a solution to the problem.