WASHINGTON — House Speaker Kevin McCarthy told Republicans Tuesday that debt limit talks still have some distance to go and pleaded with them to stay united on the party’s demands for spending cuts to avert a U.S. default.
McCarthy’s comments at a closed-door meeting for all House Republicans suggested urgency and uncertainty as Washington’s standoff over a potential U.S. default enters the end game.
Republican Rep. Ralph Norman, who was in the meeting, said McCarthy told them the two sides are “not anywhere near close” to a deal. Another person who was in the room confirmed McCarthy’s comments.