Republican congressional leaders said Thursday they were making progress toward a deal with President Biden to raise the debt ceiling while cutting spending, cautioning that an agreement that was still being hammered out would inevitably disappoint lawmakers in both parties.
Speaker Kevin McCarthy, the California Republican, told reporters at the Capitol that bargainers had worked “well past midnight” and resumed negotiations later on Thursday morning, trying to find a resolution to avert a default on the nation’s debt before the projected June 1 deadline. He said that there were still “outstanding issues” and that he had directed his negotiators to work “24/7” until there was a deal.
“I don’t think everybody is going to be happy at the end of the day,” Mr. McCarthy said, nodding to mounting concerns among some hard-right Republicans that their party was making too many concessions in the talks. “That’s not how this system works.”
Democrats, too, were growing…
This article was written by Catie Edmondson and originally published on www.nytimes.com