Debt Talks Crumble As Top Republican Backs Out
House Majority Leader Rep. Eric Cantor (R-Va.) pulled out of talks with Vice President Joe Biden yesterday on whether to raise the nation’s debt ceiling. Cantor was seen as a crucial Republican to have in the room. The move is seen to put talks on the fritz, with just weeks before the August deadline that could make the US default on trillions of dollars in debt. Todd Zwillich, Takeaway Washington Correspondent, gives us an update.
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