Rep. Garret Graves, R-La., the top mediator in the debt limit talks for House Speaker Kevin McCarthy, R-Calif., walks with reporters as he passes through Statuary Hall, at the Capitol in Washington, Thursday, May 25, 2023.
In remarks at the White House, Biden said, “It’s about competing versions of America.” Yet both men expressed optimism that the gulf between their positions could be bridged. Meanwhile, Fitch Ratings agency placed the United States’ AAA credit on “ratings watch negative,” warning of a possible downgrade.
“Don’t take an exit ramp five exits too early,” said Rep. Chip Roy, R-Texas, a Freedom Caucus member. “Let’s hold the line.” The contours of a deal have been within reach for days, but Republicans are unsatisfied as they press the White House team for more.
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