Republicans ‘press pause’ on personal debt ceiling talks, say White House is just not getting ‘reasonable’

Republicans ‘press pause’ on personal debt ceiling talks, say White House is just not getting ‘reasonable’


A barrier to stop motor vehicles stands in entrance of the US Capitol in Washington, DC, on Could 11, 2023.

Jim Watson | AFP | Getty Photos

WASHINGTON — Higher-stakes negotiations around raising the debit limit abruptly came to a halt Friday on Capitol Hill, right after Republican negotiators walked out of the area and blamed the White Household for keeping up the talks.

 “Right until folks are prepared to have acceptable discussions about how you can actually transfer forward and do the appropriate thing, then we’re not gonna sit listed here and communicate to ourselves,” Rep. Garret Graves, R-La., instructed reporters.

“We resolved to press pause because it is really just not productive,” he added. Graves explained he did not know if talks would resume this weekend.

Economic markets dipped on the news, which arrived just after a constructive week of talks that signaled a deal was shut.

This is a establishing tale, you should look at back for updates.

CNBC Politics

Study a lot more of CNBC’s politics protection:



Supply

FBI Deputy Director Dan Bongino plans to step down early next year, MS NOW reports
Politics

FBI Deputy Director Dan Bongino plans to step down early next year, MS NOW reports

FBI Deputy Director Dan Bongino has said he plans to step down from his role early next year, MS NOW reported Wednesday, citing eight people briefed on his account. Bongino, the No. 2 official at the FBI under Director Kash Patel, also told his confidants that he will not be returning to the bureau’s headquarters this […]

Read More
Senate passes 1 billion defense bill that pushes Hegseth for boat strike video
Politics

Senate passes $901 billion defense bill that pushes Hegseth for boat strike video

The Senate gave final passage on Wednesday to an annual military policy bill that will authorize $901 billion in defense programs while pressuring Defense Secretary Pete Hegseth to provide lawmakers with video of strikes on alleged drug boats in international water near Venezuela. The annual National Defense Authorization Act, which raises troop pay by 3.8%, gained bipartisan backing as it moved through Congress. It passed […]

Read More
Trump vowed to block tankers carrying Venezuela’s oil — nearly a dozen are at sea right now
Politics

Trump vowed to block tankers carrying Venezuela’s oil — nearly a dozen are at sea right now

A U.S. military helicopter flies near an oil tanker during a raid described by U.S. Attorney General Pam Bondi as its seizure by the United States off the coast of Venezuela, Dec. 10, 2025, in a still image from video. U.S. Attorney General | Via Reuters At least 34 U.S.-sanctioned oil tankers with a history […]

Read More