Republican lawmakers would resume discussions over the federal debt limit with the White House late on Friday, Speaker of the House of Representatives Kevin McCarthy said, hours after his designated negotiators walked out of talks.
“We’ll be back in the room tonight,” McCarthy said in an interview with Fox Business. Another person familiar with the talks also confirmed they would resume.
The resumption of discussions will be seen as a signal that the two sides are inching towards an agreement. Without a deal to raise the borrowing limit, officials have warned of a government default after June 1.
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