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Biden & top congressional leaders meet as U.S. nears default

The Lead with Jake Tapper

00:00

McCarthy and Biden's Negotiations on the National Debt Limit

House Speaker Kevin McCarthy says direct talks will be held between him and President Obama. But major differences remain in the policy to avoid default jig, CNN's Jake Tapper reports. Republicans are pushing for work requirements on social safety net programs like Medicaid; Democrats call that a red line. The president is still going to be away for several days. He leaves tomorrow for Japan. I don't believe he'll return until Sunday or Monday.

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