U.S. Debt Ceiling Negotiations Abruptly Dropped by Republicans – Bloomberg

2023-05-19 15:27:00

Negotiations on the US debt ceiling between the Biden administration and Republicans began behind closed doors on Monday morning, when negotiators for Speaker of the House McCarthy abruptly left.

House Speaker and Democratic Senate Leaders Expected to Vote on U.S. Debt Ceiling Before June 1

“They’re just unreasonable,” said Rep. Graves, a Republican negotiator, who said talks had been “paused.” It is unclear whether negotiations will resume today or over the weekend, he said.

“Unless they’re going to be part of a rational conversation about how they can actually move forward and do the right thing, I’m not going to sit here and keep talking to myself to no avail,” Graves said. House Finance Committee Chairman Henry (Republican) stood by and spoke.

The day before, Mr. McHenry said of negotiations on a debt ceiling to avoid a US default.It’s far from the end,” he said.

Original title:Debt Limit Talks Hit Roadblock as GOP Negotiators Walk Out(excerpt)

(Add and update MP’s comments, etc.)

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