McCarthy says debt ceiling negotiations paused until Biden returns

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McCarthy says debt ceiling negotiations paused until Biden returns
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Speaker McCarthy says that debt ceiling negotiations are paused until Pres. Biden returns from his trip abroad.

J. Scott Applewhite/AP, FILE

"Well, the White House didn't come here and unfortunately, the White House moved backwards," McCarthy said Saturday. "Let's be clear: The President's team is ready to meet any time. And, let's be serious about what can pass in a bipartisan manner, get to the President's desk and reduce the deficit," Jean-Pierre said in a statement.The debt limit negotiations between GOP negotiators and the White House ended Friday night with no progress after meeting for roughly an hour and a half.

"We had a candid discussion," Graves added, saying "this was not a negotiation tonight. This was a candid discussion about realistic numbers, a realistic path forward and something that truly changes the trajectory of this country's spending and debt problem." McCarthy told Fox Business said that negotiators "took a pause" on Friday afternoon because of the "frustration" over the White House's negotiating position.

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