As debt default looms closer, negotiators say they are moving further apart

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As debt default looms closer, negotiators say they are moving further apart
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Both sides are suggesting the other might just want the nation to default on its debt.

“I can’t guarantee that they wouldn’t force a default by doing something outrageous,” Biden said during a news conference that closed his visit to Japan for the G-7 summit, while calling on Republicans “to move from their extreme positions because much of what they’ve proposed is simply, quite frankly, unacceptable.”

on Saturday. Republicans pushed for more military spending and further cuts to certain domestic spending programs — a position the White House refused.Treasury Secretary Janet Yellen said she is treating June 1, which is the earliest date the country could go into a default, as a “hard deadline.” And Biden, too, will need to make sure Democrats can get behind the plan — particularly if he agrees to GOP demands that Democrats have strongly opposed against such as adding stronger work requirements on certain social safety programs.

“Unfortunately, Joe Biden has handed his entire agenda over to the radical left … He is willing to tank the economy because he is unwilling to give even a penny in the trillions of spending,” Sen. Ted Cruz said on “Fox News Sunday.” “Yet, he nonetheless smiles and just blames the other side.”

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