McCarthy Vows to Work Through Long Weekend on Debt Deal (1)

Congressional Republicans and the White House still have ground to cover before reaching an agreement on averting an approaching US debt default, House Speaker Kevin McCarthy said Thursday night.

“We know where our differences lie,” McCarthy told reporters at the Capitol, adding that he planned to work through the holiday weekend there.

“We do not have an agreement yet. We knew this would not be easy. It’s hard, but we’re working. And we’re gonna continue to work till we get this done,” he said.

Kevin McCarthy at the US Capitol on May 25.

Photographer: Al Drago/Bloomberg

With a week to go before the US Treasury potentially runs out of money, the ...