Debt Ceiling Battle Lines Drawn Ahead Of White House Meeting

  • Republicans are voicing confidence as Democrats appear to be digging in ahead of a meeting planned for Tuesday at the White House on raising the debt ceiling.
  • In an appearance Sunday on CBS News, Rep. Patrick McHenry (R-NC), chairman of the House Financial Services Committee, explained why he is less pessimistic about negotiations than he was just two months ago.
  • “Instead of being at the depths of the ocean, I’m merely drowning,” McHenry told “Face the Nation” moderator Margaret Brennan.
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