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The Independent UK
The Independent UK
National
Andrew Feinberg

Biden says he’s ‘confident’ US won’t default on debt

AP

President Joe Biden on Wednesday said he believes he and congressional leaders can reach an agreement that will prevent the US government from defaulting on its sovereign debt and throwing the world economy into chaos.

Speaking from the Roosevelt Room of the White House just before he departed Washington for the G7 leaders’ summit in Hiroshima, Japan, Mr Biden said the meeting he conducted Tuesday with House Speaker Kevin McCarthy, Minority Leader Hakeem Jeffries, Senate Majority Leader Chuck Schumer and Minority Leader Mitch McConnell had been “productive” as well as “civil and respectful”.

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