US economy teeters on brink amid Biden-McCarthy debt ceiling deadlock
Briefly

President Joe Biden and top lawmakers agreed on Tuesday to further talks aimed at breaking a deadlock over raising the $31.4tnUS debt limit, with just three weeks before the country could be forced into an unprecedented default.After about an hour of talks in the Oval Office, Biden, a Democrat, and House of Representatives speaker Kevin McCarthy, a Republican, deputized their aides to hold daily discussions about areas of possible agreement as a default looms as soon as 1 June.
Read at www.theguardian.com
[
add
]
[
|
|
]