McCarthy sending negotiators to White House to finish debt limit talks, but sides 'far apart'

Speaker of the House Kevin McCarthy, R-Calif., speaks to reporters at the Capitol in Washington, Wednesday, May 24, 2023. (AP Photo/J. Scott Applewhite)

House Speaker Kevin McCarthy said Wednesday he was sending Republican negotiators to the White House to finish out debt limit talks.

But McCarthy, R-Calif., said the two sides are “still far apart.”

Debt ceiling negotiations are locked on a classic problem that has vexed, divided and disrupted Washington before: Republicans led by House Speaker Kevin McCarthy want to roll back federal government spending, while President Joe Biden and other Democrats do not.