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Biden, McCarthy Say Debt Ceiling Talks 'productive'

President Joe Biden and House Speaker Kevin McCarthy have discussed the impasse over the debt ceiling, and described the talks as productive.

"I just concluded a productive meeting with Speaker McCarthy about the need to prevent default and avoid a catastrophe for our economy. We reiterated once again that default is off the table and the only way to move forward is in good faith toward a bipartisan agreement," Biden said in a statement after the meeting.

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by Joji Xavier

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