“Defiant McCarthy Won’t Rule Out Default: High Stakes Debt Battle Looms Ahead!”
On Tuesday, President Joe Biden and top lawmakers held a face-to-face meeting to address the deadlock over raising the $31.4 trillion US debt limit. This issue is threatening to push the country into an unprecedented default as soon as June 1 if Congress does not act. The Oval Office meeting between President Biden, a Democrat, […]
“Urgent: US Debt Default Looms by June 1 – Congress Must Act, Warns Treasury’s Yellen!”
U.S. Treasury Secretary Janet Yellen has issued a warning that the United States could potentially breach its debt ceiling by June 1 if Congress does not act quickly to raise the nation’s borrowing limit. This comes as a result of Yellen’s review of recent federal tax receipts, and she has urged House Speaker Kevin McCarthy […]