Biden; “America Will Not Default”

WASHINGTON (AP) — President Joe Biden says he’s confident the U.S. will avoid an unprecedented debt default, saying talks with congressional Republicans have been productive. Biden made his remarks as he left for a global summit in Japan. He’ll return Sunday in hopes of approving a final deal. “I’m confident that we’ll get the agreement on the budget and America will not default,” Biden said at the White House. He said he and lawmakers will come together “because there’s no alternative.” Speaker Kevin McCarthy agreed, though he was more combative, saying Biden had “finally backed off” and come to the negotiating table. Top negotiators continued talks late into the evening at the Capitol.