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GOP, Democrats Draw Red Lines Ahead of Biden Debt-Ceiling Meeting [1]

['Natalie Andrews', 'Andrew Restuccia', 'Lindsay Wise']

Date: 2023-05

WSJ explains why U.S. debt has become the center of the economy. Photo Illustration: Madeline Marshall

WASHINGTON—Negotiators appeared far from an agreement to raise the debt ceiling and trim spending ahead of a Tuesday meeting between President Biden and top lawmakers, as progressive Democrats signaled opposition to several proposals and Republicans demanded new work requirements for beneficiaries of government programs.

White House and congressional staff have been meeting behind closed doors for several days, and people briefed on the discussions said they were making incremental progress. But Tuesday’s meeting between Mr. Biden and the congressional leaders will be a significant test of whether the staff-level work can win broader buy-in, amid mounting signs that progressive Democrats are opposed to some of the proposals under discussion.

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[1] Url: https://www.wsj.com/articles/tentative-progress-but-no-deal-ahead-of-biden-debt-ceiling-meeting-bfc6e012

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