Debt Negotiations Resume After House Republicans Temporarily ‘Pause’ Talks With White House
Debt ceiling negotiations resumed Friday after House Republicans walked out of talks with the White House earlier in the day.
Key Quotes: Insisting that “we can’t be spending more money next year,” House Speaker Kevin McCarthy (R-CA) had said negotiations were on “pause” because of a lack of “movement” by the White House. Meanwhile, an anonymous White House official told reporters a “reasonable bipartisan budget agreement” was still possible “as long as both sides recognize that they won’t get everything they want and compromise is necessary.”
For Context: Treasury Secretary Janet Yellen has warned that the government could be unable to pay its debts as early as June 1. News coverage had described the impasse as “abrupt,” since both sides had projected optimism as recently as Thursday. However, negotiations were complicated when the conservative House Freedom Caucus called for halting debt limit discussions unless the Senate passed House Republicans’ spending cuts bill. On the other side of the aisle, progressive Democrats are reportedly concerned about concessions Biden may make to House Republicans.
How the Media Covered It: Coverage appeared to differ across the spectrum on whether Republicans instigated the pause or if both sides were responsible. While National Review (Right bias) said Republicans “walked out” of the negotiations, Fox News (Right bias) only said talks had “stalled.” While coverage was generally not particularly sensational, a Semafor (Lean Left bias) tagline questioned whether the House Freedom Caucus was “afraid of success.”
Featured Coverage of this Story
From the CenterDebt Ceiling Talks On Sudden ‘Pause’ As Trump Urges GOP: ‘Do Not Fold’
Debt ceiling talks are on “pause,” top Republican negotiator Rep. Garret Graves (R-La.) said Friday, blasting the Biden Administration for making “unreasonable” requests for raising the federal borrowing limit—an alarming stall that comes as Congress has less than two weeks to lift the debt ceiling or risk an economic meltdown.
“It’s time to press ‘pause,’ because it’s just not productive,” Graves told reporters following an hour-long meeting with President Joe Biden’s team on Friday.
Graves was appointed earlier this week by House Speaker Kevin McCarthy (R-Calif.) to manage negotiations with...
From the RightDebt ceiling talks stall between White House, GOP: ‘Not productive’ says GOP negotiator
Talks between the White House and Republican lawmakers on how to increase the debt ceiling stalled on Friday, according to a key GOP negotiator who blamed Biden administration officials for failing to find a "reasonable" compromise.
"We've decided to press pause because it's just not productive," Rep. Garret Graves, R-La., told reporters while exiting a meeting between the two sides at the U.S. Capitol. Graves was picked by House Speaker Kevin McCarthy to represent his side in a slimmed-down version of the negotiations focused on the Republican leader and President Biden's...
From the LeftAfter optimism, debt ceiling talks on 'pause,' McCarthy's top negotiator says
After optimistic talk from both House Speaker Kevin McCarthy and President Joe Biden earlier this week, Rep. Garrett Graves, who is leading debt ceiling talks for House Republicans, said Friday negotiations have hit a snag.
"We decided to press pause because it's just not productive," Graves said as he emerged from a Capitol Hill meeting with White House negotiators.
The development comes as time is quickly running out for lawmakers to find a debt ceiling compromise or risk default for the first time in history. Treasury Secretary Janet Yellen has warned the...