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Republican House negotiator says ‘major issues’ still unresolved on debt ceiling


The hardest part of any deal is always at the end. The two teams met virtually today and we are not at the finish line.

“We continue to have major issues that we haven’t closed the gap on,” said Garret Graves. Asked if he would drop the application for work requirements, he replied “no”.

Separately, a Biden official said a deal was possible on Friday, but talks could easily slip into the weekend.

The deadline for a June 1 deal is only Monday through Tuesday, so don’t expect a deal by then.

This article was written by Adam Button at www.forexlive.com.

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