McCarthy, Graves Signal Impasse in White House Debt Talks

House lawmakers preparing to leave Washington on Thursday
Votes on any deal likely pushed until just before deadline

WATCH: Republican Representative Garret Graves, one of House speaker Kevin McCarthy’s chief negotiators, suggested that the two sides were at a standoff in the debt talks.Source: Bloomberg

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By Ari Natter, Billy House, and Erik Wasson

May 23, 2023 at 8:54 PM UTC

Updated on

May 24, 2023 at 6:17 AM UTC

This article is for subscribers only.

Speaker Kevin McCarthy left the US Capitol late Tuesday afternoon saying the two parties had yet to reach a deal to avert a first-ever US default, and a top lieutenant said there are no more meetings planned.

Republican Representative Garret Graves, one of McCarthy’s chief negotiators, suggested just hours after a two-hour meeting in the Capitol with his White House counterparts that the two sides were at a standoff.