WASHINGTON (AP) — House Republicans are pushing debt ceiling talks to the brink, displaying risky political bravado as they prepare to leave town Thursday for the holiday weekend just days before the U.S. could face an unprecedented default that could hurl the global economy into chaos.
Speaker Kevin McCarthy said he’s directed his negotiating team “to work 24/7 to solve this problem.”
Arriving at the Capitol, McCarthy, R-Calif., said that “every hour matters” in talks with President Joe Biden’s team as they work toward a budget deal. Republican are demanding spending cuts the Democrats oppose, and McCarthy said a deal could come together “at any time.”
