In a closed-door meeting with GOP lawmakers on Tuesday, McCarthy told members a compromise on the debt ceiling was still far off, reiterating his position that he would not increase spending or raise the debt ceiling without conditions. Republicans emerged from the meeting wary of negotiators’ progress, telling reporters the talks are not going well so far.“We’re now at a moment where we need to close a deal before we get to brinkmanship and getting close to the X-date.
“The math is the math,” McHenry said. “Everybody’s trying to figure out some way to shimmy this thing around. It’s fundamental: You’re spending less money next year than you’re spending this year. Everything else can come into zone, but if you don’t get the spending question right, then that is fundamentally at odds with what House Republicans passed.”
“Janet Yellen couldn’t see inflation coming like an oncoming train,” said Rep. Matt Gaetz . “But she wanders out of some backroom in the White House with a Ouija board under her arm telling us the first of the month is the number. And we’re supposed to take that as some sort of article of faith.” “She should come to Congress and prove that,” Gaetz said. “I think she should come voluntarily. We shouldn’t have to execute a subpoena to get someone to come and show more of their work than your typical eighth grader with their algebra homework.”
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