Biden won’t move on debt ceiling terms even as he seeks to restart talks
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The debt ceiling crisis has arrived on President Joe Biden’s doorstep — and left his administration with far less time than anticipated to solve it.
But don’t expect the White House to change tactics any time soon.
Administration officials on Monday insisted that Biden has no plans to drop his demand for a clean debt ceiling increase, even after Treasury Secretary Janet Yellen’s warning that Congress may only have until June 1 to avert a disastrous default.