- by cnn
- 15 Aug 2024
A meeting between top debt ceiling negotiators from the White House and House Speaker Kevin McCarthy's office ended Friday night, with neither side able to say when they'd again meet in-person.
Sources at the White House and on Capitol Hill said there were no debt ceiling meetings scheduled for Saturday.
The breakdown in talks came after multiple sources told CNN that earlier discussions had hit a snag, triggering a pause. The setback dashed hopes that there could be a deal in principle by the weekend.
"At the direction of the Speaker of the House, we reengaged, had a very, very candid discussion, talking about where we are, talking about where things need to be, what's reasonable, acceptable," Louisiana Rep. Garret Graves, who is leading negotiations for House Republicans, told reporters of the brief reconvening late Friday.
Neither Graves nor Rep. Patrick McHenry, a North Carolina Republican, seemed optimistic that the situation had moved any closer to a deal.
"This wasn't a negotiation tonight, this was a candid discussion about realistic numbers, a realistic path forward and something that truly changes the trajectory of this country spending and debt problems," Graves said.
The White House took direct aim at GOP negotiators for not moving off budget proposals to slash federal spending and not addressing new revenues. The statement by communications director Ben LaBolt marked a sharp break from the more optimistic statements delivered by White House officials in recent days and reflected deep frustrations at the state of talks.
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