"Default Deadline Looms as Fate Rests on Four Individuals"

1 min read
Source: POLITICO
"Default Deadline Looms as Fate Rests on Four Individuals"
Photo: POLITICO
TL;DR Summary

A new quartet consisting of White House counselor Steve Ricchetti, budget chief Shalanda Young, legislative affairs chief Louisa Terrell, and McCarthy emissary Rep. Garret Graves (R-La.) is leading negotiations for President Joe Biden and the Big Four congressional leaders to avert a debt disaster. Both sides remain far apart, but lawmakers from both parties acknowledged that if anyone can cut a deal in time, it’s the group of advisers now at the table. The negotiators have been tight-lipped as they work toward a deal that can somehow clear both chambers in the next few weeks.

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