Treasury Secretary Janet Yellen warned that the United States could default on its debt in June.
"It's time for Republicans to accept that there is no bipartisan deal to be made solely, solely, on their partisan terms," Biden said.on Saturday that the White House had "moved backwards," adding that he did not think negotiations would be able to move forward until Biden returned to the U.S.
She also noted a Moody's Analytics report which found similar numbers with more than 7 million Americans out of work and $10 trillion in household wealth evaporated. Yellen also warned that a debt ceiling breach could affect essential government services. Biden said Sunday he thinks an agreement can be reached with Republicans, but that it is not certain.
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