With time operating out to strike a debt restrict deal, President Biden and congressional leaders are set to satisfy Tuesday for pivotal face-to-face negotiations on the White Home to keep away from a default that economists say might get rid of jobs and trigger a recession.
The three p.m. assembly comes a day after Treasury Secretary Janet L. Yellen reiterated that the US might run out of cash to pay its payments by June 1 if Congress doesn’t increase or droop the debt restrict.
Republicans have mentioned they need…