McCarthy: I believe we can still reach debt ceiling deal before June 1

McCarthy still believes we can reach a debt ceiling deal before June 1. He adds:

• We are not putting any debt ceiling plan on the U.S. House floor that doesn’t spend less than we spent this year
• No talks scheduled with Biden yet

Meanwhile, the GOP negotiator Graves says:

• The sides are miles apart and spending is the biggest gap
• Believes the 2 sides will continue to negotiate later today

Graves comments have been more negative while McCarthy seems to be more positive

House Majority Leader Scalise says:

• He is unsure whether White House negotiators will meet again

This article was written by Greg Michalowski at http://www.forexlive.com.