2:00PM Water Cooler 5/30/2023 | naked capitalism
Today's Water Cooler
Source: nakedcapitalism.com
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An ICU physician, I’ve had a front row seat to the heartbreak of the past three years.
With the United States at risk of defaulting for the first time, Speaker Kevin McCarthy and President Biden met again but remained far apart on a deal.
President Biden and House Speaker Kevin McCarthy expressed optimism Monday that they could break the partisan stalemate that has prevented action to avert a default on the nation’s debt, but they remained far apart on a deal to raise the debt limit as Democrats resisted Republicans’ demands for spending cuts in exchange.