Lawmakers likely to meet Tuesday for talks on the debt limit
The meeting was initially supposed to occur Friday, but was abruptly postponed to let the staff-level talks continue a bit longer.
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The meeting was initially supposed to occur Friday, but was abruptly postponed to let the staff-level talks continue a bit longer.
"Clearly there are no good choices for the Treasury. Even if feasible, these creative suggestions may not pass muster in court if challenged."
Ceiling heading into another week of negotiations as house republicans threaten to hold our economy hostage if they do not get their way. this afternoon biden told reporters that debt talks are, quote, moving along but are not there yet. house republicans demanding massive spending cuts in order to accept the debt limit. on the sidelines donald trump is helping to fuel the dysfunction. he's urging republicans to force a debt of all if democrats don't meet their demands. keep in mind trump was president and republicans voted to raise the debt ceiling that one not two but three times. in the mea...
A June 1 deadline is approaching to raise the US debt limit. "The closer you get to it, you will have panic," JPMorgan boss Jamie Dimon told Bloomberg.
Important crunch talks between President Joe Biden and senior Republicans have been postponed to next week. Find out why the delay occurred and how discussions are progressing.