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SRN - US News - Taylorville Daily News - Vimarsana News

SRN - US News - Taylorville Daily News

By Steve Holland, Moira Warburton and Rami Ayyub WASHINGTON (Reuters) -Democratic President Joe Biden and a Republican negotiator said on Friday they were working on a deal to raise the U.S. government’s $31.4 trillion debt ceiling after the Treasury Department warned that a June 5 default loomed without action. The two sides have been negotiating for weeks on an agreement to raise the federal government’s self-imposed borrowing limit, with Republicans also pushing for sharp spending cuts. Without a deal, the United States could face a calamitous default. “Things are looking ...

Biden sounds hopeful on debt ceiling, Treasury warns of June 5 default - Vimarsana News

Biden sounds hopeful on debt ceiling, Treasury warns of June 5 default

'Things are looking good,' US President Joe Biden says, as the White House and Republicans continue to negotiate on an agreement to raise the government's debt ceiling

US treasury secretary revises default deadline - Vimarsana News

US treasury secretary revises default deadline

Janet Yellen has extended the deadline for the US default, as President Biden and Republican lawmakers are fighting over the debt limit Read Full Article at RT.com

Debt ceiling deadline is extended to June 5, Yellen says - Vimarsana News

Debt ceiling deadline is extended to June 5, Yellen says

President Joe Biden said a deal to raise the government's debt ceiling seemed "very close" late Friday, even as the deadline for a potentially catastrophic default was pushed back to June 5.

Thorny issues remain in US debt-ceiling talks, key Republican says - Vimarsana News

Thorny issues remain in US debt-ceiling talks, key Republican says

Joe Biden yesterday said he was optimistic about deal but hardliners have threatened to block bill