BREAKING: Speaker McCarthy's lead negotiator says debt ceiling negotiations are on 'pause' and calls the White House “unreasonable.”
Despite the snag, a White House spokesperson insisted Friday a deal was still "possible."
The Louisiana Republican touted the Save, Limit, Grow Act that the House narrowly passed last month, which he said "has great savings in it. and it's responsible and puts us on a path to bend the curve." Speaker of the House Kevin McCarthy is joined by Republicans from the Senate and the House as he leads an event on the debt limit negotiations, at the Capitol in Washington, May 17, 2023.The apparent breakdown comes after the White House late Thursday night touted "steady progress" following a phone call between President Biden, Office of Management and Budget Director Shalanda Young and counselor to the president Steve Ricchetti.
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