There appeared to be no significant progress Saturday in debt ceiling talks as the impasse between the White House and Republican congressional leaders continued.
A GOP aide believes one of the sticking points could be spending caps, while a Democratic aide was encouraged that the White House appeared to be holding its ground and isn't"giving away the farm." The Democratic aide also reiterated that any deal has to be bipartisan in nature.
At the Capitol on Friday afternoon, prior to the second meeting, McCarthy said Republicans need"movement by the White House."The White House acknowledged that there are"real differences between the parties on budget issues" and said"talks will be difficult," while adding that"[t]he president's team is working hard towards a reasonable bipartisan solution that can pass the House and the Senate.
Asked about those comments Friday, McCarthy said he"really felt we were at the location where I could see the path" but"we can't be spending more money next year, we have to spend less than we spent the year before. It's pretty easy."
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