congress warning that the treasury would be unable to satisfy its obligations as early as the 1st ofjune. presidentjoe biden will be meeting top lawmakers including republican house of representatives speaker kevin mccarthy and it is now scheduled for 3pm on tuesday after being postponed from last friday. more from new york. in less than two weeks, the united states could fail to meet its debt obligations and if lawmakers cannot come to some sort of agreement. the republicans of continued to demand cuts to social spending before they will agree to raise the borrowing limit. us presidentjoe biden has repeatedly said he would not set conditions and that lawmakers must raise the debt limit because failure to do so would result in an economic catastrophe. some of the possible outcomes ofjob possible outcomes of job losses, possible outcomes ofjob losses, those who depend on social security benefits when i get paid and the most dire of outcomes would be the loss of confidence in a
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