Debt Negotiations Resume after Pause
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There are 3,235 news articles covering this topic.
42% (1,372) are left-leaning, 41% (1,340) are centrist, and 17% (523) are right-leaning.
On Friday, talks about the debt ceiling increase came to a sudden standstill as GOP lawmakers walked out of negotiations, but they have since resumed. Left-leaning articles highlight that GOP negotiators are frustrated that they have not made progress convincing President Joe Biden to concede to allow spending cuts as part of the lifting of the debt ceiling., while right-leaning articles highlight that House Speaker Kevin McCarthy (R-Calif.) is not confident a deal will be reached by this weekend, but hopes one will be reached in the following week so the House and Senate have time to pass it.
The Hill published a centrist article reporting that negotiations surrounding the debt ceiling have resumed despite pushback from “frustrated” Republicans. Rep. Garret Graves (R-La.), the lead GOP negotiator, said the White House and congressional leaders had a “candid discussion” and will be working to reach a solution to raise the debt limit to prevent the United States from defaulting. Some Republicans said they were not confident that a deal could be negotiated by the June 1 deadline set by the Treasury Department.
A left-leaning article by The Washington Post highlighted the temporary pause in the debt ceiling negotiations on Friday, which caused fears about a default. The pause began about Friday morning as GOP negotiators walked out of a meeting with the White House frustrated that they had not made progress convincing President Joe Biden to concede to allow spending cuts as part of the lifting of the debt ceiling. Both sides have accused the other of intransigence as the June deadline approaches.
A right-leaning article by The Washington Examiner highlighted the talks about the debt ceiling between McCarthy and the White House, which resumed after a brief pause Friday morning. Chairman of the House Financial Services Committee Patrick McHenry stated that McCarthy is not confident a deal will be reached by this weekend, but hopes one will be reached in the following week so the House and Senate have time to pass it. McHenry stated that Republicans have already done their job to pass a bill to raise the debt ceiling and cut public spending, and the terms are still being negotiated.
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