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Senate Majority Leader Charles E. Schumer wouldn’t budge Monday from his stance that Democrats will not negotiate spending cuts with House Republicans in exchange for lifting the debt ceiling that’s set to be breached this summer.
The New York Democrat, speaking to reporters on Capitol Hill just hours after House Speaker Kevin McCarthy re-upped demands that both sides meet at the negotiating table, accused Republicans of “theater” and “hostage-taking” that’s threatening the economy.
“Speaker McCarthy continues to bumble our country towards a catastrophic default, which would cause the economy to crash, cause monumental job loss and drastically raise costs to the American people,” Mr.
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USA — Financial Schumer digs in against debt limit talks with GOP ahead of default...