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Biden and McCarthy meeting ends without debt-ceiling deal

US President Joe Biden and House Speaker Kevin McCarthy ended negotiations without reaching an agreement on the debt ceiling.

By DoomRadar · Published on DoomRadar .

Why it matters

Failure to raise the debt ceiling could create major financial-market and government-funding risks.

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  1. Biden, McCarthy meeting ends with no deal on debt ceiling ↗digbycourier.ca · Recorded source date: Aug 22, 2026, 4:46 PM UTC

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EARLIER READING

Biden and McCarthy meet over US debt ceiling

US President Biden and House Speaker McCarthy met to discuss the debt ceiling and cited differences. The headline indicates a major unresolved fiscal confrontation.

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Biden and McCarthy scheduled to resume U.S. debt-ceiling talks

Joe Biden and Kevin McCarthy are scheduled to meet as negotiations over the U.S. debt ceiling resume. The talks concern the risk of a potentially disruptive federal default if no agreement is reached.

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Biden cuts upcoming foreign trip amid debt ceiling showdown

President Biden is cutting short an upcoming foreign trip amid a domestic U.S. debt ceiling confrontation. The report does not specify the trip or the changes made.

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