“The agreement represents a compromise, which means not everyone gets what they want,” Mr. Biden said in a statement late on Saturday night. Mr. Biden also spoke earlier in the day with Democratic leaders in Congress to discuss the status of the talks. One of his negotiators, Louisiana Rep. Garret Graves, said there was “not a chance” that Republicans might relent on the work requirements issue. Many of the hard-right Trump-aligned Republicans in Congress have long been skeptical of the Treasury’s projections, and they are pressing Mr. McCarthy to hold out. The Democratic-held Senate has largely stayed out of the negotiations, leaving the talks to Mr. Biden and Mr. McCarthy.

Source: The Hindu May 28, 2023 23:38 UTC