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Biden, McCarthy aim to break US debt-ceiling standoff as default crisis looms.
Biden, McCarthy aim to break US debt-ceiling standoff as default crisis looms.
They need to do something to break the standoff. June is right around the corner. If they are not careful, the U.S. is going to default for the first time.
By David Morgan WASHINGTON (Reuters) - President Joe Biden and top Republicans and Democrats from Congress are set to sit down this week to try to resolve a three-month standoff over the $31.4 trillion U.S. debt ceiling and avoid a crippling default before the end of May. The Democratic president is calling on lawmakers to raise the federal government's self-imposed borrowing limit without
They need to do something to break the standoff. June is right around the corner. If they are not careful, the U.S. is going to default for the first time.
This is so common when they're in office. It should be a law against it
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Biden, McCarthy aim to break US debt-ceiling standoff as default crisis looms.
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