President Biden and Speaker Kevin McCarthy will meet on Monday afternoon in an effort to revive talks to avert a default on the nation’s debt after negotiations faltered over the weekend.
The assembly, which is scheduled for five:30 p.m. on the White Home, comes after negotiators clashed over Republicans’ calls for to chop spending in alternate for elevating the debt restrict. Late Sunday, Mr. Biden stated he had spoken with Mr. McCarthy on the flight residence from a summit assembly in Japan, saying it…