US debt ceiling: New negotiators aim to break deadlock

2023-05-17 22:46

President Joe Biden has cut short a foreign trip as both sides race to strike a deal before 1 June.

The White House and congressional Republicans have appointed a new set of negotiators, injecting fresh hope into talks to raise the US debt limit.

"Now we have a format, a structure," House of Representatives Speaker Kevin McCarthy told reporters, saying a deal was "possible" by the end of the...