Debt-Limit Talks Get More Time as US Treasury Pushes Back Deadline
- Clash over expanded work requirements remains unresolved
- GOP negotiator says debt-limit deal still needed urgently
White House and Republican negotiators tentatively narrowed differences but were still clashing Friday on key issues as the Treasury Department signaled extra time was available before a potential US default.
Treasury Secretary Janet Yellen announced the department expects to be able to make payments on US debts up until June 5 if lawmakers fail to act on the US debt ceiling. That set a more pointed date for a potential default but is also four days later than her previous comments eyeing trouble as soon as June 1.