U.S. President Biden and the Speaker of the House of Representatives McCarthy agreed to meet on Monday (May 22) to restart negotiations on the US federal debt crisis.
Comprehensive New York Times and Reuters reported that White House officials said that Biden and McCarthy called on Sunday on Sunday, and the two agreed to meet on Monday.The White House negotiation team will meet again on Sunday evening to discuss some unreasonable issues.
McCarthy announced to the media after the phone called with Biden that his meeting with Biden will be held after Bayidon returned from Hiroshima, Japan.This will meet for the third time this month to avoid the first debt defaults in the United States.
McCarthy calls the two -person Sunday call has "effective".
McCarthy said: "The president tells me what he is still thinking and hearing the opinions of his members, and I also tell him what I am considering."
He said: "I think communication in this area is effective. However, we have not reached an agreement yet. Differential still exists."
McCarthy said that the White House and the House of Representatives' negotiating teams went to Congress to continue their meetings that afternoon to make a good job of paving the meeting for his and Biden's meetings.
U.S. Treasury Minister Yellen on Sunday was interviewed by the National Broadcasting Corporation (NBC) that June 1 was the "hard period" to increase the upper limit of federal debt.
The U.S. Treasury has previously emphasized that the federal government's cash will trigger the US debt defaults when the cash is exhausted, affect the global economy, and weaken the US economic leadership in the global economic leadership.
