'Impasse': Debt talks pause amid failure to make progress -
Mr. McCarthy’s hand-picked negotiator walked out of a meeting with White House staff at the Capitol, saying there was no point in continuing the talks until both sides were serious about a deal.
As the talks hit a snag, Mr. Biden is in Japan attending the G7 summit. Negotiators are facing a June 1 deadline to raise the nation’s borrowing limit of $31.4 trillion, or the U.S. will default on some of its obligations. “This legislation is the official position of the House Freedom Caucus and, by its passage with 217 votes, the entire House Republican Conference,” the group said in a statement. “There should be no further discussion until the Senate passes the legislation.”
House Freedom Caucus Chairman Scott Perry told CBS News that the White House was not negotiating in good faith.
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