The White House remains optimistic about achieving an agreement on raising the nation’s debt ceiling and preventing a default on the national debt.
“[President Joe] Biden and [House Speaker Kevin] McCarthy [(D-Calif.)] had a productive meeting on Monday. Just moments ago, the White House negotiators ended their meeting; they met for hours. And so they’re going to be returning and give the president an update,” Karine Jean-Pierre, White House press secretary, said on May 23.