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White House Negotiators Depart Capitol After Two-Hour Debt Limit Talks

US

Max Cohen at Punchbowl News tweets: "[White House] negotiators just left Capitol after roughly over two hours of debt limit talks. [White House Negotiator] Steve Ricchetti wouldn’t share more than to just say they’re continuing to work when I asked him how talks were going."

  • Talks likely to continue this evening with considerable activity continuing on Capitol Hill. Today, House Freedom Caucus members signaled skepticism over Treasury Secretary Janet Yellen's June 1 x-date projection.
  • House Financial Services Committee Chairman Patrick McHenry (R-NC), one of House Speaker Kevin McCarthy's negotiators, appeared to agree with HFC saying: “I want to trust the Treasury’s math, but they’re going to have to show their work. And if the White House team doesn’t have a sense of urgency, if the President doesn’t have a sense of urgency here, then that raises more questions — valid questions — about how they justify the date.”
  • Speaker McCarthy criticised President Biden for including drug price provisions in a deal: “That seems like a place to try and disrupt the whole negotiations. Like trying to throw taxes in, now trying to start talking about Medicare?”

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