Biden said. “We’re going to try to get this done.” The president also said he was “hopeful” that a deal could be reached.
The meeting between Biden and McCarthy comes as the U.S. government is set to hit its debt limit on August 3, and the Treasury Department has warned that it will run out of money to pay its bills if Congress doesn’t act. The stock market reacted positively to the news of the meeting, with the S&P 500 and Nasdaq Composite both closing higher, while the Dow Jones Industrial Average ended slightly lower.
The meeting between Biden and McCarthy is seen as a positive step towards reaching a deal on the debt ceiling, and investors are hopeful that a deal can be reached before the August 3 deadline. With both sides expressing optimism, it appears that a deal could be within reach.President Biden and House Minority Leader Kevin McCarthy met Monday to discuss the looming debt ceiling deadline. Biden said the meeting was “productive” and that both sides reiterated that default is not an option. The two discussed a path forward to a bipartisan agreement, though there are still areas of disagreement. McCarthy said the two will talk every day and that a deal needs to happen this week. Treasury Secretary Janet Yellen warned that if Congress does not act by June 1, the government will no longer be able to satisfy all of its obligations. U.S. stocks finished mostly higher Monday ahead of the meeting, as talks appear to be narrowing on a spending cap for the 2024 budget year.This week, Disney+ and Hulu will be removing dozens of shows from their streaming services. This includes shows such as “The Proud Family”, “Kim Possible”, “Lizzie McGuire”, and “That’s So Raven”. The removal of these shows is part of Disney’s plan to make room for new content.rnrnDisney+ and Hulu have been adding new content to their streaming services, such as the recently released “The Falcon and the Winter Soldier” and “WandaVision”. The removal of these shows is necessary to make room for the new content.rnrnDisney+ and Hulu have been popular streaming services since their launch. The removal of these shows may be disappointing to some fans, but it is necessary to make room for new content. Fans of these shows can still watch them on other streaming services, such as Netflix and Amazon Prime Video.