Tentative Progress but No Deal Ahead of Biden Debt-Ceiling Meeting

The outlines of a possible deal to raise the debt ceiling and limit spending are starting to emerge, but negotiators are far from an agreement as President Biden and top lawmakers are set to meet at the White House on Tuesday afternoon.

White House and congressional staff have been meeting behind closed doors for several days, and people briefed on the discussions said they were making incremental progress. But Tuesday’s meeting between Mr. Biden and the congressional leaders will be a significant test of whether the staff-level work can win broader buy-in, amid...