McCarthy warns White House and GOP ‘nowhere near a deal’ on debt ceiling

House Speaker Kevin McCarthy (R-CA) warned Republican lawmakers that his team is “nowhere near a deal” with the White House on the debt ceiling, ramping up pressure on President Joe Biden just nine days before the default deadline.

In a closed-door meeting with GOP lawmakers on Tuesday, McCarthy told members a compromise on the debt ceiling was still far off, reiterating his position that he would not increase spending or raise the debt ceiling without conditions. Republicans emerged from the meeting wary of negotiators’ progress, telling reporters the talks are not going well so far.