Biden’s Debt Deal Stumbles, GOP Holds Wallet Tight

House Majority Leader McCarthy reported a “productive” meeting with President Biden, yet no agreement was reached on the debt ceiling deal. While expressing cautious optimism about finding common ground, McCarthy noted the urgency to reach a deal before the June 1st deadline. A key sticking point in talks is the question of spending caps, demanded by Republicans but rejected by the White House.

Sounds like the Dems are struggling to hold onto their spending free-for-all! Good luck reaching a deal when Republicans are guarding the bank vault.

Speaker of the House McCarthy: We are nowhere near a debt ceiling deal | Forexlive