Pending… GOP negotiator Graves says there’s been no progress in the talks


GOP negotiator Garret Graves

Queued:

  • GOP negotiator Garret Graves says there has been no progress in the talks

Earlier today, McCarthy said:

  • Debt ceiling talks are always productive

He adds that negotiators will meet Wednesday morning (but he hasn’t spoken with Biden since Monday).

Graves said yesterday:

“There is a big disconnect between where we are and where they are on the financial side…and unless and until the White House recognizes that this is a spending issue, we we’re going to continue to have a big gap.” The GOP, Patrich McHenry, Graves and the Republican leadership criticized the White House for not allowing negotiators Steve Ricchetti, the president’s adviser, and Office of Management and Budget Director Shalanda Young to reach a deal. According to Punchbowl, McHenry said:

“The talents of the people that the administration has sent into the room, they know how to do that. If they have the constraints of the administration and the directive that you cannot spend less, it comes from the highest level of the White House. And if they’re doing that as a play call, they’re completely interpreting the situation in a very dangerous way.

Broadly speaking, it appears that on the GOP side, McCarthy is trying to spin more positively while Graves is leaning towards the negative side.

In the meantime,

/inflation

Inflation

Inflation is defined as a quantitative measure of the rate at which the average price level of goods and services in an economy or country increases over a period of time. It is the rise in the general price level where a given currency is effectively buying less than it has in previous periods. In terms of valuation of strength or currencies, and by extension foreign currencies, inflation or its measures are extremely influential. Inflation stems from the global creation of money. This money is m

Inflation is defined as a quantitative measure of the rate at which the average price level of goods and services in an economy or country increases over a period of time. It is the rise in the general price level where a given currency is effectively buying less than it has in previous periods. In terms of valuation of strength or currencies, and by extension foreign currencies, inflation or its measures are extremely influential. Inflation stems from the global creation of money. This money is m
Read this term


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