House Speaker Kevin McCarthy (R-CA) has reportedly accepted an invitation from President Joe Biden to meet to discuss the debt ceiling.
The biggest step yet in the debt ceiling standoff between Biden and House Republicans will take place on May 9, according to a source familiar with the situation who spoke with CNN. The president also invited House Minority Leader Hakeem Jeffries (D-NY), Senate Majority Leader Chuck Schumer (D-NY), and Senate Minority Leader Mitch McConnell (R-KY).