Debt limit discussions hit a snag

Debt limit discussions have hit a snag. The talks between Republican and White House negotiators were halted on Friday, just hours after the Biden administration had claimed “steady progress.” House Speaker Kevin McCarthy said there wasn’t any movement by the White House, so they paused negotiations. A White House official acknowledged there are “real differences” as the two sides race to reach a deal that would raise the debt ceiling in hopes of preventing a government default.