BBCNEWS World July 6, 2024
programme. "there will no be default." those were the words of president biden on thursday as he hailed what he called "productive" talks with his political rivals — as the clock ticks on the country's finances. he is trying to avoid hitting the debt ceiling. the us government is set to hit its borrowing limit of $31.4 trillion next week, raising fears it could run out of money to pay its bills without a deal to increase the debt ceiling. from new york, michelle fleury reports. with just one week left until treasury officials say the us will run out of cash to pay its bills, the mo...