House speaker expresses optimism, but says more needs to be done
Speaker of the U.S. House of Representatives Kevin McCarthy. Photo: AP Photo/Evan Vucci
Lisa Mascaro and Kim Seung Min
U.S. House of Representatives Speaker Kevin McCarthy said negotiators were “making progress” on Friday on a deal with the White House to raise the nation’s debt ceiling, as they raced to seal a deal before a looming deadline to avoid a potentially catastrophic default.
