Debt limit talks stall as Republicans 'press pause,' criticize White House

A top debt ceiling negotiator for House Speaker Kevin McCarthy says it’s time to “press pause” on talks as negotiations with the White House have come to an abrupt standstill at the Capitol. Republican Rep. Garret Graves of Louisiana says gaps remain in the negotiations with the White House. Graves says it's “just not productive” to continue at this point. It's not clear when the talks will resume, he said. Biden’s administration is racing to strike a deal with Republicans as the nation careens toward a potentially catastrophic debt default if negotiators fail to increase the borrowing limit to keep paying the nation’s bills.