President Biden will still leave for Japan as scheduled on Wednesday but will skip stops in Australia and Papua New Guinea to return to the U.S. to work on the debt ceiling, a source familiar with the president's schedule said.
Schumer described the meeting as"good," while Jeffries described it as"positive" and"cordial." Schumer said everyone in the room understood what a disaster default would be.
McCarthy said the sides are still very far apart, but said"it is possible to get a deal by the end of the week." McCarthy has expressed that he believes an agreement needs to come together before the weekend in order to give lawmakers enough time to pass both chambers of Congress before June.
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