“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, […]
Biden, McCarthy Disagree on Debt Ceiling but Continue Crucial Conversations for US Economy
Share: As the United States faces an unprecedented default, President Joe Biden and top lawmakers were unsuccessful in breaking the deadlock over raising the $31.4 trillion U.S. debt limit during a face-to-face meeting on Tuesday, although they promised to continue discussions. The deadlock over the U.S. debt ceiling poses a significant risk to the global […]