White House press secretary Karine Jean-Pierre said Joe Biden won’t be signing the debt ceiling bill that passed Congress until tomorrow at the earliest.

“It won’t be today. The House and the Senate have to do their business, so we’re going to work very quickly to get this done to make sure we can sign it hopefully as soon as tomorrow,” Jean-Pierre said. Treasury secretary Janet Yellen said that the debt ceiling must be raised by 5 June, which means that Biden must sign the bill by the weekend to avoid default. Jean-Pierre said the White House is confident they can get the bill signed before June 5.

Jean-Pierre did not specify what Congress needs to do before getting it on Biden’s desk. Biden is planning to address the deal in a speech tonight at 7pm. Jean-Pierre said that he will focus on the bipartisan nature of the deal and how it benefits Americans.

“When you think about what could have happened here, to our seniors, to our veterans, to American families,” Jean-Pierre said. “That is something the president believes he has an opportunity to talk directly to the American people [about]. This could’ve been, as we’ve said over and over again, devastating.”

“He believes this is a good moment to lay that out and how we were able to come together to avert this crisis.”

WASHINGTON, May 24 (Reuters) - Negotiators for Democratic President Joe Biden and top congressional Republican Kevin McCarthy held what both sides called productive talks on Wednesday to try to reach a deal to raise the United States' $31.4 trillion debt ceiling and avoid a catastrophic default.

After a four-hour White House meeting, U.S. House Speaker McCarthy said negotiations had improved and would continue in the evening. He predicted the two sides would reach an agreement, though several issues remain unresolved

"We've made some progress working down there. So that's very positive," McCarthy told reporters. "I want to make sure we get the right agreement. I can see that we're working towards that."

White House spokesperson Karine Jean-Pierre said talks remain fruitful. "If it keeps going in good faith, we can get to an agreement here," she said at a briefing while discussions were taking place.

Manhattan District Attorney Alvin Bragg will speak to reporters Tuesday after the arraingment of former President Donald Trump.

His press conference is scheduled to be held at 3:30 p.m. at the Supreme Civil Court, located next to the Manhattan Criminal Court, where Trump pleaded not guilty to 34 counts, including falsifying business records in the first degree.