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BBCNEWS Asia July 6, 2024

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 confidenc ....

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BBCNEWS Asia Business Report June 4, 2024 23:33:00

And it physical type fiscal position and it is physical type fiscal position and it is not too high and so, short-term and it is not too high and so, short term fiscal splurge probably is not going to throw anyone probably is not going to throw anyone off course but would be anyone off course but would be a problem is, if these measures are more a problem is, if these measures are more permanent, history shows are more permanent, history shows us are more permanent, history shows us that easy to give out but hard shows us that easy to give out but hard to claw back after a certain but hard to claw back after a certain period of time. the military has certain period of time. the military has been - certain period of time. tie: military has been seen by many experts as pro big business, the new parties are rather untested as a government and so, what is their view on those businesses? is so, what is their view on those businesses? businesses? is nothing particularly bu ....

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