Republican leader in the House of Representatives calls for movement from the White House. Without an agreement, the U.S.
could default for the first time in its history as early as early June. Republicans want to approve an increase in the debt ceiling only in return for billions of dollars in cuts in government spending. They want to roll back key elements of Biden's reform policy, including billions in subsidies for renewable energies and Biden's partial waiver of tuition fees. Republicans are calling for spending cuts in the social sector.