Debt ceiling talks between the White House and House Republicans resumed Sunday at the Capitol as Washington races to strike a budget compromise along with a deal to raise the nation's borrowing limit and avert an economy-wrecking federal default.
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Debt limit talks start, stop as Republicans, White House face ‘serious differences’President Joe Biden’s administration is racing to strike a deal with Republicans led by McCarthy as the nation careens toward a potentially catastrophic debt default if the government fails to increase the borrowing limit to keep paying the nation’s bills.
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White House, Republicans trade barbs as debt talks pausedWhite House and Republican congressional negotiators were quiet after meetings on raising the federal $31.4 trillion debt ceiling failed, while President Biden said he believed a default could be avoided
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Debt limit talks start, stop as Republicans, White House face 'serious differences'Debt limit talks between the White House and House Republicans stopped, started and stopped again Friday at the U.S. Capitol, a dizzying series of events in high-stakes negotiations to avoid a potentially catastrophic federal default. President Joe Biden’s administration is reaching for a deal with Republicans led by House Speaker Kevin McCarthy as the nation faces a deadline as soon as June 1 to raise the country's borrowing limit, now at $31 trillion, to keep paying the nation’s bills. Republicans are demanding steep spending cuts the Democrats oppose.
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White House, Republicans trade barbs as debt talks paused By Reuters*WHITE HOUSE, REPUBLICANS TRADE BARBS AS DEBT TALKS PAUSED AHEAD OF LOOMING DEADLINE 🇺🇸🇺🇸
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White House, Republicans make no progress on debt ceilingAcrimonious talks ended with no new meeting set and less than two weeks to go before June 1, when the Treasury Department warned that the U.S. could be unable to pay all its bills, triggering a calamitous default.
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