
One day ahead of a meeting with President Obama, the Senate's top Republican insisted again Sunday that tax increases would not be a part of any deal with Democrats and the White House to raise the nation's $14.3 trillion debt ceiling.
House Majority Leader Eric Cantor pushed back Tuesday against the suggestion that Republicans would accept a temporary deal to raise the country's $14.3 trillion deficit ceiling.
Congressional leaders involved in ongoing deficit-reduction talks with the White House say negotiations have been going slow but well. But they'll need to hurry in order to beat an early August deadline and avoid a government default on the national debt.