President Biden and Speaker Kevin McCarthy stay far aside on key points in discussions over elevating the nation’s borrowing restrict and avoiding a dangerous default, together with on caps for federal spending, new work necessities for some recipients of federal antipoverty help and funding meant to assist the I.R.S. crack down on excessive earners and firms that evade taxes.
The 2 males had been set to talk by telephone on Sunday in hopes of re-energizing the sputtering talks, after a weekend in…
