Page 5 - Us Default News Today

Dollar slightly stronger ahead of President Biden's pivotal meeting with congressional leaders NFIB report shows sentiment plunges to weakest levels in a de

Treasury Secretary Janet Yellen said that there are ``no good options'' for the U.S. to avoid an economic ``calamity'' if Congress fails to raise the nation's borrowing limit.

Treasury Secretary Janet Yellen said that there are “no good options” for the U.S. to avoid an economic “calamity” if Congress fails to raise the nation’s borrowing limit.

WASHINGTON — Unless Congress can strike a deal, the U.S. Treasury will likely default on the nation’s bills starting June 8, triggering major consequences for the economy, according to Mark

Washington faces the risk of a federal government default if the debt ceiling isnt raised. In order to avoid such a situation, President Joe Biden has invited top four congressional leaders to a White House meeting on 9 May

Research shows that leaders who can embrace competing demands and focus on the long term are more likely to succeed.

Kremlin spokesman Dmitry Peskov stressed that US cannot be aware of Russian losses in Special Op in Ukraine and simply pulls figures out of head.

US Treasury Secretary Janet Yellen warned Monday that the US may run out of options to pay its debt obligations "as early as June 1" if congressional lawmakers fail to act and raise the debt limit.

House Speaker Kevin McCarthy said Republicans would pass a bill to lift the debt ceiling based on their spending priorities. For months, they have tried to pressure Democrats into accepting budget cuts to social programs.

U.S. Rep. Abigail Spanberger visited Woodbridge Monday to sound the alarm over the looming U.S. debt limit battle, warning of the danger a default would pose to businesses in the