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WASHINGTON AP 鈥?President Joe Biden phoned all four Congressional leaders on Monday afternoon and invited them to a May 9 meeting at the White House 鈥?a sign of the rising pressure to raise the debt cap as the Treasury Department is warning of a default as soon as June 1.Administration officials confirmed [url=https://www.stanley-quencher.uk]stanley cup[/url] the individual calls to lawmakers and the meeting date, insisting on anonymity to discuss the plans.At the meeting, Biden plans to stress that Congress must take action to avoid default without conditions and discuss the urgency of preventing default, as well as how to begin a separate process for passing a separate fiscal 2024 budget.Biden and House Speaker Kevin McCarthy, R-Calif., are at an impasse on lifting the government borrowing authority. The president has called on a clean increase to the $31.4 trillion cap, while McCarthy and GOP lawmakers a [url=https://www.stanley-quencher.us]stanley cup[/url] re demanding spending cuts in return and passed a bill with $4.8 trillion in deficit savings over 10 years last week.McCarthy has called on Biden to engage in negotiations, but as recently as noon Monday the president said in a speech that the GOP congressional leader needed to make a commitment that the U.S. government would not default. House Republicans passed a bill last week that would cleave discretionary spending over the next decade in return for an increase [url=https://www.stanley-cup.pl]stanley cup[/url] to the debt limit of $1.5 trillion or until March 31, 2024, possibly setting up another showdown going into that year presidential election.READ M Tohw Trump cites possible progress in talks with North Korea
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