Rep. Garrett Graves, who is leading debt ceiling talks for House Republicans, said Friday negotiations have hit a snag.After a day of stalled negotiations, House Speaker Kevin McCarthy said on Friday evening that negotiators will be "back in the room tonight" to continue working on a solution to the impending debt limit crisis.
A key sticking point in the negotiations is spending caps, two sources familiar with the talks told ABC News Senior Congressional Correspondent Rachel Scott. "Until people are willing to have reasonable conversations about how you can actually move forward and do the right thing, then we're not going to sit here and talk to ourselves," Graves said Friday.
"The President's team informed him that steady progress is being made. The President directed his team to continue pressing forward for a bipartisan agreement and made clear the need to protect essential programs for hardworking Americans and the economic progress of the past two years as negotiations head into advanced stages," the White House tweeted.
Source: Loan Digest (loandigest.net)
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