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CQ Budget, Episode No. 278

President Joe Biden will meet with the top four congressional leaders in their first formal talks on raising the debt limit.
President Joe Biden will meet with the top four congressional leaders in their first formal talks on raising the debt limit. (Tom Williams/CQ Roll Call)
By David Lerman, Peter Cohn and Aidan Quigley
Posted May 5, 2023 at 12:05pm

After months of stalemate, President Joe Biden will sit down with the top four congressional leaders Tuesday to talk about how to raise the debt limit to avoid economic calamity next month when the government’s borrowing authority is expected to run dry. CQ Roll Call’s David Lerman, Peter Cohn and Aidan Quigley assess the chances for a bipartisan deal, how long it might take, and what the standoff means for fiscal 2024 appropriations.

Show Notes:

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