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NPR News: 05-16-2023 6AM EDT

NPR News Now

NPR

News, Daily News

4.214.3K Ratings

🗓️ 16 May 2023

⏱️ 5 minutes

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NPR News: 05-16-2023 6AM EDT

Transcript

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0:00.0

Live from NPR News in Washington, I'm Corvus Coleman, President Biden and top congressional

0:05.0

leaders will meet this afternoon at the White House.

0:07.6

As NPR's Tamarik Heath reports, a week after their first meeting, there have been no major

0:12.1

breakthroughs and talks to avoid a federal government debt default.

0:16.2

Staff-level meetings happened Saturday, Sunday, and Monday.

0:19.8

A source familiar with the talk said they have been productive, but there are still significant

0:24.8

disagreements about the path forward.

0:27.3

The source spoke with NPR on condition of anonymity to describe private negotiations,

0:32.8

saying there is common ground on clawing back some unused COVID relief funds and permitting

0:38.6

reform for energy and infrastructure projects.

0:42.1

That's likely not enough to get House Republicans to agree to raise the debt ceiling.

0:46.7

They want spending caps and tougher work requirements for Medicaid and food assistance.

0:52.0

There's little chance this will be resolved before President Biden departs tomorrow.

0:57.2

The G7 meeting in Japan, but he will continue to get regular updates.

1:02.5

Tamarik Heath and P.R. News.

1:04.6

The Treasury Secretary meanwhile is warning that the federal government will run out of

1:09.0

money to pay its bills as early as June 1st to avoid this, a congressional vote is needed

1:15.0

to raise the debt ceiling.

1:17.1

The federal government's watchdog agency has released a new study examining non-compete

1:22.1

agreements, these ban employees from working for competing companies or even starting one

1:28.0

of their own.

1:29.1

And P.R.'s Andrea Shoe has more.

...

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