“For the first time in months, President Joe Biden and House Speaker Kevin McCarthy appear to be on the same page: The country cannot default on its debt and a compromise has to be reached to avert that outcome,” CNN reports.
“The two men remain far apart on how to actually reach that deal, but sources familiar with the negotiations pointed to the common recognition of the need for compromise and the more cordial tone of the meeting as a glimmer of progress.”
Playbook: “As negotiations drag on inside the Capitol, congressional leaders have signaled this morning that members may be inching closer to a solution to a looming federal default.”
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