U.S. debt limit negotiators aren’t planning to meet on Saturday, according to people with knowledge of the matter, as the White House accused Republicans of being unwilling to negotiate.
House Speaker Kevin McCarthy was spotted walking on the National Mall in Washington and was asked how the talks were going. “So-so,” he said. President Joe Biden signaled earlier Saturday he remains confident the U.S. government can avoid a catastrophic default.
Republican lawmakers designated by McCarthy and senior White House officials last met on Friday evening after a Republican walkout that tempered optimism about an emerging deal and drove down stocks. McCarthy said participants took a pause because the White House “will not acknowledge that they’re spending too much.”
