Subscribe Sign In

This copy is for your personal, non-commercial use only. Distribution and use of this material are governed by our Subscriber Agreement and by copyright law. For non-personal use or to order multiple copies, please contact Dow Jones Reprints at 1-800-843-0008 or visit www.djreprints.com.

https://www.wsj.com/articles/late-start-for-debt-limit-talks-amps-up-pressure-on-congress-149fdf61

Late Start for Debt-Limit Talks Amps Up Pressure on Congress

Republicans and Democrats point fingers as U.S. approaches default

By Andrew Restuccia

and Natalie Andrews

May 15, 2023 8:00 am ET

President Biden told reporters over the weekend that debt-ceiling negotiations are making progress, but he added, ‘We’re not there yet.’ Photo: ALEXANDER DRAGO/REUTERS

Time isn’t on Washington’s side.

With the U.S. facing a potentially economy-shaking default as soon as June, logistical hurdles, disagreements on the scope of any talks, a tight legislative calendar and a late start are complicating negotiations over raising the debt ceiling.

What's News

Copyright ©2023 Dow Jones & Company, Inc. All Rights Reserved. 87990cbe856818d5eddac44c7b1cdeb8

Continue reading your article with
a WSJ subscription

Already a subscriber? Sign In

Sponsored Offers

TurboTax:
Save up to $15 with TurboTax coupon May 2023
The Motley Fool:
Epic Bundle - 3x Expert Stock Recommendations
H&R Block Tax:
15% Off DIY Online Tax Filing Services | H&R Block Coupon Code
Top Resume:
10% TopResume discount code for expert resume-writing services
eBay:
30% off eBay coupon
Groupon:
2023 Mother's Day Gifts: Up to 75% OFF + Extra 5% Off Groupon Promo Code