Hours after the far-right House Freedom Caucus demanded that Speaker Kevin McCarthy call off debt ceiling talks with President Joe Biden, GOP negotiators did just that on Friday as the two sides remained at an impasse over federal spending—which Republicans want to slash deeply—and other issues.
"It's time to press pause because it's just not productive," Rep. Garret Graves (R-La.), McCarthy's handpicked lead negotiator, told reporters Friday without saying when or whether talks would resume.
McCarthy (R-Calif.) echoed Graves, saying, "Yeah, we've got to pause."
An unnamed White House official told the Associated Press Friday that additional talks "will be difficult" given the two sides' "real differences."
The abrupt halt to negotiations, which had yet to yield much if any substantive progress, came at a pivotal moment, with the June 1 "X-date" less than two weeks away.
"The nation is days away from a disastrous default crisis and the extreme MAGA Majority is splintering into camps of the unreasonable and the absurd," said Liz Zelnick, director of economic security and corporate power at the progressive group Accountable.US.
"Republicans have made it clear they will hold the world economy hostage unless President Biden gives in to their demands."
Members of the House Freedom Caucus, a faction of dozens of Republicans that nearly denied McCarthy the speakership earlier this year, have signaled that they won't accept anything less than the extreme legislation the House GOP passed late last month.
If approved, that bill would impose devastating cuts to federal spending and kick millions of people off of federal nutrition assistance, Medicaid, rental assistance, and other programs while only raising the debt ceiling by $1.5 trillion—or suspending it through March 2024.
"House Republicans did our job on debt ceiling," the Freedom Caucus tweeted Thursday. "It's time for President Biden and Senate Democrats to do theirs and pass the Limit, Save, Grow Act."
But the legislation in its current form has no chance of passing the Senate, which is narrowly controlled by Democrats. Progressives in the House and Senate have said they won't support any deal that includes the GOP's regressive spending caps or additional work requirements for federal aid programs.
Rep. Brendan Boyle (D-Pa.), the top Democrat on the House Budget Committee, said in response to the Freedom Caucus' statement that the far-right GOP faction is "pro-default," adding that "these MAGA extremists will not rest until they've either turned America into a deadbeat nation or imposed cruel cuts on American families."
"This is exactly why I filed a discharge petition to ensure we can avoid default, pay our bills, and save our economy," Boyle added.
But Boyle's discharge petition, which would force a House floor vote on legislation to raise the debt ceiling, is also a longshot solution to the Republican-induced crisis given that it needs at least five GOP votes.
"Let's be clear: this did not have to happen," Boyle said in a statement earlier this week. "By taking our economy hostage and refusing to address the debt ceiling, MAGA extremists have forced Congress to consider other pathways to meet our constitutional obligation—something Congress has done more than 100 times before on a bipartisan basis, including three times in the previous administration."
As an alternative to legislative action, nearly a dozen senators led by Sen. Bernie Sanders (I-Vt.) are imploring Biden to get ready to invoke the 14th Amendment to avert a debt default, warning that Republicans aren't negotiating in good faith and are willing to wreck the global economy in pursuit of punishing austerity.
Biden aides are reportedly concerned about the legal fight that would certainly ensue if the president attempted to use his executive authority to end the standoff.
But Sanders reiterated his 14th Amendment message on Friday, writing on Twitter that "Republicans have made it clear they will hold the world economy hostage unless President Biden gives in to their demands."
"Instead," Sanders added, "he should prepare to use the 14th Amendment to ensure we pay our debts and protect working families who are already struggling."