Biden’s meeting with Congress on default put off until next week

US President Joe Biden’s meeting with congressional leaders on the debt limit that was scheduled for Friday has been postponed to next week, the Washington Post reported on Thursday citing a source in the White House, Azernews reports citing TASS.

The meeting was to be attended by House Speaker Kevin McCarthy (R-Calif.), Senate Minority Leader Mitch McConnell (R-Kentucky), Lower House Minority Leader Hakeem Jeffries (R-New York), and Senate Majority Leader Chuck Schumer (D-NY). They were supposed to discuss issues related to raising the national debt ceiling of the country.

According to a source of the Huffington Post online publication, the postponement was a positive development of events due to the fact that specialists from the offices of the leaders of Congress and the White House are conducting fruitful consultations to prevent a default in the country. The sources in the US administration did not name the reasons for the delay. They also did not specify which of the parties made such a proposal.

The US administration previously called on Congress to raise the ceiling that is now set at $31.4 trillion. Republicans, who are in control of the House of Representatives, are traditionally skeptical about allowing greater debt and are pushing for reducing government spending.