National
Debt ceiling talks hit a snag, negotiators press pause for now
(CNN) — Debt ceiling talks between the White House and House Speaker Kevin McCarthy’s office have hit a snag, and negotiators have put a pause on the talks, multiple sources tell CNN.
Negotiators met briefly in the Capitol on Friday before breaking up, and as of right now, there are no more meetings scheduled for the day.
This setback dashes hopes that there could be a deal in principle by this weekend.
McCarthy confirmed that talks have paused, saying there’s not enough “movement” from the White House and suggested that spending levels are part of the issue.
“We’ve got to get movement by the White House. And we don’t have any movement yet,” McCarthy told reporters as he headed into the Capitol.
Asked why he had such an optimistic tone one day earlier, McCarthy said, “I really felt we were at the location where I could see the path. The White House is just – we can’t be spending more money next year. We have to spend less than the year before. It’s pretty easy.”
McCarthy said he has not spoken to the president and did not answer questions about next steps.
Time is of the essence and pressure is building to raise the borrowing limit ahead of June 1, which is the earliest date the Treasury Department says the government could be unable to pay its bills. If the US were to default, it would likely trigger a global economic catastrophe.
GOP Rep. Garret Graves, who is leading negotiations for House Republicans, left a brief meeting with negotiators in the morning saying the situation was “not productive.” He said he is not sure they will meet again this weekend.
“Until people are willing to have reasonable conversations about how you can actually can move forward and do the right thing we aren’t going to sit here and talk to ourselves. That’s what’s going on,” Graves said.
As talks stalled, a White House official acknowledged that there are “real differences” and “talks will be difficult,” but said the president’s negotiating team is working to reach a “reasonable bipartisan solution.”
This story has been updated with additional information.
The-CNN-Wire
™ & © 2023 Cable News Network, Inc., a Warner Bros. Discovery Company. All rights reserved.
By: Pristine Villarreal
May 19, 2023
Latest Instagram Posts
Who makes the NBC Top 3, winner will be announced Sunday night on NBC Palm Springs, with the player who makes the number one spot winning a $250 prize from @hondaofthedesert! Comment below if it will be 1) Xzavier Hernandez with the dot towards the back of the endzone, 2) Jesse Rodriguez with the 50 plus yard TD throw, 3) Trace Vargas with the diving TD, 4) Ryan Rumsey with the screen pass TD, making guys miss, or 5) Moyses Aguilar with the pick #fyp #fnl2026 #hondaofthedesert #highschoolfootball #fridaynightlights
Drop your thoughts in the comments 👇 #therogginreport #coachellavalley #localnews #explore #nbcpalmsprings
⚡️ TOP STORY: A man is recovering after he was struck by lightning. Firefighters battled a brush fire along Snow Creek Road, while another lightning strike in Chino Canyon sent a man to the hospital. If you hear thunder, stay indoors for at least 30 minutes after the last rumble. #PalmSprings #Lightning #FireSafety
🚨 Chasing that year-round “summer glow”? A social media tanning trend involving the unapproved peptide melanotan-2 is raising serious safety concerns. Dermatologists say safer sunless tanning options are available. ☀️ #YourHealthToday #SkinHealth #Melanotan2 #TanningSafety
Palm Springs firefighters responded Thursday to a report of a person struck by lightning in the Chino Canyon area. The person was transported to a hospital for medical treatment. Firefighters also responded to a palm tree fire in Chino Canyon that officials say was caused by an apparent lightning strike. NBC Palm Springs News Director David Reese is in the neighborhood tonight knocking on doors and trying to learn more about what happened. Did you see the lightning strike? Did you hear or see anything unusual? Do you know who was struck or have information that could help us understand what happened? We’d like to hear from you. Send us a DM here or contact NBC Palm Springs if you witnessed the incident or have information to share. #PalmSprings #ChinoCanyon #Lightning #PalmSpringsNews #NBCPalmSprings CoachellaValley BreakingNews
Fred Roggin’s response? Show us the receipts! #therogginreport #coachellavalley #localnews #explore #nbcpalmsprings
A $557k budget shortfall … so why do they need $11.3 million in new taxes? Are you voting Yes or No on Measure P? #therogginreport #measurep #localnews #coachellavalley #nbcpalmsprings
School board trustee wears “FAFO” shirt to court deposition. Drop your thoughts in the comments 👇🏽 #therogginreport #coachellavalley #localnews #explore #nbcpalmsprings
Estevan Figueroa of King’s Club Barbershop is giving back across the Coachella Valley — one haircut at a time. He and his team recently gave dozens of free haircuts to kids at the Boys and Girls Club in Cathedral City. Figueroa also provides clothing, essentials and encouragement to people in need. Inspired by lessons from his father, he’s now started a nonprofit to help even more people in the community. “Look good, feel good.” @barbercipactli Read the full story at NBCPalmSprings.com.
9 months. 5 deposition notices. 1 no-show. What is this official hiding under oath? Let us know what you think in the comments 👇 #therogginreport #jesusgonzalez #localnews #coachellavalley #nbcpalmsprings