US President Joe Biden and Speaker of the House of Representatives Kevin McCarthy discussed how to raise the debt ceiling of 31.4 trillion dollars at the White House.
In the meeting, which was closed to the press, it was discussed that the US debts should be paid by June 1, but no conclusion was reached, Ihlas News Agency reported.
Speaking at a press conference after the meeting, Biden stated that the republicans rejected new tax reforms and there was disagreement with the democrats, "We reiterated once again that default is off the table and the only way to move forward is in good faith toward a bipartisan agreement."
Speaking after the meeting, which lasted more than an hour, McCarthy said that he agreed with Biden that the debt was too high and that there were disagreements, McCarthy said, "We did not reach an agreement, but I think the talks were positive."
Source: Ihlas News Agency