June 5 deadline fails to break debt negotiation deadlock.

With just nine days left until the deadline, Speaker Kevin McCarthy expressed doubt that negotiators could reach a debt deal on Saturday. President Joe Biden continues to speak with his negotiating team multiple times a day and is signing off on offers and counteroffers. GOP negotiator Rep. Patrick McHenry said a deal is hours or days away. The country would run out of funds by June 5, crystallizing the deadline facing Congress. McCarthy said he expects the bill to be approximately 150 pages or less.