Speaker Kevin McCarthy stated that whereas there have been nonetheless “excellent points,” Republicans have been making progress towards a cope with the White Home to boost the debt ceiling whereas reducing federal spending.
Negotiators had labored “properly previous midnight,” McCarthy stated immediately as talks resumed, and he directed his bargainers to work “24/7” till there was a deal. President Biden appeared optimistic, saying that he and congressional leaders had agreed “there might be no default.”
However…