Start United States USA — Financial Debt ceiling talks postponed until next week, says White House

Debt ceiling talks postponed until next week, says White House

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Crunch talks between US President Joe Biden and senior Republicans have been postponed until early next week to allow staff to continue working, the White House said in a statement Thursday.
A source familiar with the meetings between Democratic and Republican leaders said this was a positive
and that talks between the two sides were progressing, making Friday not the right moment for the leaders to meet.
But the Republican speaker of the House of Representatives, Kevin McCarthy, accused Democrats, including Senate Minority Leader Chuck Schumer, of holding up the deal.
“President Biden and Senator Schumer are stuck on no, they have no plan, no proposed savings and no clue,” he told reporters shortly after the White House announced the talks had been postponed.
“The staff has met the last two days, we think it’s productive for the staff to meet again,” McCarthy said, adding he expected there would be another meeting between senior Republican and Democratic leaders next week.

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