Hopeful tone pervades debt ceiling talks ahead of long weekend
Debt limit negotiations on Thursday morning had the feel of a deal starting to come together as House lawmakers headed home for the weekend.
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Debt limit negotiations on Thursday morning had the feel of a deal starting to come together as House lawmakers headed home for the weekend.
Political calculations and concerns about legislative precedent have brought the government to within a week of a potential debt default.
With right-wing Republicans all but certain to oppose any bipartisan compromise, the speaker has a narrow path to push one through the closely divided House.
Debt limit talks broke down again Tuesday as negotiators described disagreements over spending levels and other policy add-ons.
House Republican and White House negotiators met midday Wednesday on President Joe Biden's home turf for a change.