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

Trump says China’s Xi agreed to let rare earth minerals flow to U.S.
Politics

Trump says China’s Xi agreed to let rare earth minerals flow to U.S.

U.S. President Donald Trump speaks to reporters aboard Air Force One en route to New Jersey, U.S., June 6, 2025. Nathan Howard | Reuters U.S. President Donald Trump said on Friday that Chinese President Xi Jinping agreed to let rare earth minerals and magnets flow to the United States, a move that could lower tensions between the world’s biggest economies. Asked […]

Read More
Trump says he has no plans to speak to Musk as feud persists
Politics

Trump says he has no plans to speak to Musk as feud persists

 President Donald Trump said on Friday that he has no plans to speak with Elon Musk, signaling the president and his former ally might not resolve their feud over a sweeping tax-cut bill any time soon. Addressing reporters aboard Air Force One, Trump said he wasn’t “thinking about” the Tesla CEO. “I hope he does well with Tesla,” Trump said. However, Trump said a review […]

Read More
Maryland man returns to U.S. to face charges after mistaken deportation to El Salvador
Politics

Maryland man returns to U.S. to face charges after mistaken deportation to El Salvador

U.S. Reps. Nydia Velazquez, D-N.Y., at left, and Juan Vargas, D-Calif., hold pictures of Kilmar Abrego Garcia during a news conference to discuss Abrego Garcia’s arrest and deportation, at the Cannon House Office Building in Washington, April 9, 2025. Alex Wong | Getty Images Maryland resident Kilmar Abrego Garcia was returned to the United States […]

Read More