The full faith and credit of the United States is on the line as President Biden meets with Congressional leaders in an attempt to avoid an unprecedented default. Republicans demand cuts in exchange for lifting the debt ceiling while Democrats maintain any discussion of future spending must be divorced from paying prior debts. Laura Barrón-López and Lisa Desjardins report. Stream your PBS favorites with the PBS app: https://to.pbs.org/2Jb8twG Find more from PBS NewsHour at https://www.pbs.org/newshour Subscribe to our YouTube channel: https://bit.ly/2HfsCD6 Follow us: TikTok: https://www.tiktok.com/@pbsnews Twitter: http://www.twitter.com/newshour Instagram: http://www.instagram.com/newshour Facebook: http://www.pbs.org/newshour Subscribe: PBS NewsHour podcasts: https://www.pbs.org/newshour/podcasts Newsletters: https://www.pbs.org/newshour/subscribe