Biden G7: President to cut short foreign trip for debt ceiling talks

President Joe Biden will cut short a trip to Asia to focus on debt ceiling negotiations back home, US media are reporting.

President Biden was due to fly to the G7 in Japan on Wednesday before heading to Papua New Guinea and Australia.

He is now expected to return after the summit ends to meet congressional leaders in Washington, a source told the BBC's US partner CBS.

The US could default on its debt if talks fail.

Mr Biden had been expected to travel to Papua New Guinea for talks on regional security before heading to Australia for a meeting of the "Quad" alongside leaders from India, Japan and Australia.

Citing sources in the US government, US media report that Mr Biden will instead head back to Washington DC.

This month, US Treasury Secretary Janet Yellen warned the US could run out of cash by 1 June if Congress failed to raise or suspend the debt ceiling.

Reaching the debt ceiling would mean that the US government is unable to borrow any more money.

Without a deal, a calamitous default could arrive as soon as 1 June.

At the time, she urged Congress to to act "as soon as possible" to address the $31.4tr (£25tr) limit.