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Negotiators have 'made progress' but no debt limit deal as deadline nears: McCarthy

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With potential default just six days away, House Speaker Kevin McCarthy arrived at the Capitol Friday telling reporters he remained optimistic a deal could be reached.
With a potential debt default just six days away, House Speaker Kevin McCarthy arrived at the Capitol Friday telling reporters he remained optimistic despite no deal in hand.
McCarthy said negotiators « made progress » overnight but wouldn’t get into specifics of the framework being discussed.
« And I’m gonna work as hard as we can to try to get this done, get more progress today and finish the job, » the speaker told reporters. « I’m a total optimist. »
But when asked if they could reach a deal today, McCarthy’s demurred.
« Look, I’m gonna work as hard as I can. As soon as we get a deal, we’re gonna get a deal but it has to be worthy of the American people, » he said.
President Joe Biden, too, said progress was being made on Thursday.
« I’ve made it clear time and again: Defaulting on our national debt is not an option, » Biden said.

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