Biden to meet lawmakers for debt talks, says he is optimistic

US President Joe Biden speaks to reporters about the continued debt ceiling negotiations before boarding Air Force One as he departs from Joint Base Andrews in Maryland on May 13, 2023. (PHOTO / AFP)

REHOBOTH BEACH – US President Joe Biden said on Sunday he expects to meet with congressional leaders on Tuesday for talks on a plan to raise the nation's debt limit and avoid a catastrophic default.

Biden said he believed there was a desire on both sides to reach an agreement

Speaking to reporters in Delaware, Biden said he remained optimistic about agreeing on a deal.

Biden had been scheduled to meet with lawmakers on Friday but the meeting was postponed.

ALSO READ: Biden, McCarthy debt ceiling meeting postponed

Biden said he had received an update on how talks had gone between administration staffers and their congressional counterparts.

"I remain optimistic because I'm a congenital optimist," Biden said. He said he believed there was a desire on both sides to reach an agreement. "I think we’ll be able to do it.”

READ MORE: Debt crunch looms for emerging nations facing bond maturities

Biden said he still planned to leave on a trip to Japan this week for a meeting of G7 leaders. He has been scheduled to leave on Wednesday.

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