White House economics reporter for The Washington Post. Founder of @IthacaVoice. NYR fan. Dog's named Acorn. Jeffrey.stein@washpost.com, Signal: 9178872891.
The pause in talks is widely seen on Capitol Hill as a potential negotiating ploy from leaders aimed at assuring their bases that they are fighting aggressively for their sides’ priorities.
Biden also said it was unclear whether invoking the 14th amendment move could address the current crisis, since it would likely face legal challenges. Biden and House Speaker Kevin McCarthy (R-Calif.) are expected to talk by phone Sunday.
Senior Biden aides are rummaging through the nation’s books, looking for new ways to conserve cash while Washington struggles to raise the debt ceiling.