McCarthy and Biden ‘still far apart’ in debt ceiling talks despite nearing deadline

McCarthy said his advisers would meet with Biden officials at the White House Wednesday, with eight days left to avoid default

Debt ceiling talks between Joe Biden and the House speaker, Kevin McCarthy, dragged on Wednesday, as negotiators met again to hash out the details of a potential deal.

“There’s a number of places that we’re still far apart,” McCarthy told reporters on Capitol Hill. “I think we can make progress today. I’m hoping that we can.”