McCarthy Digs In on Republican Demands Ahead of Biden Debt Talks
- Yellen warns ‘time is running out’ to avoid a US debt default
- McCarthy says he’d prefer direct negotiations to broader talks
Republicans hardened their battle lines Tuesday ahead of a pivotal White House meeting on averting a first-ever US default, the latest sign of trouble in negotiations over the debt limit.
GOP leaders are focused on getting President Joe Biden to agree to expanded work requirements for federal aid to the poor. Other Republican priorities include cuts to domestic spending, easing energy permits and clawing back $65 billion in unused Covid-19 funds.