McCarthy, graves signal impasse in White House debt talks
The standoff in Washington weighed on Asian stocks on Wednesday while US equity futures were flat after the S&P 500 and Nasdaq 100 each fell more than 1% on Tuesday.
Source: moneyweb.co.za
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Biden, McCarthy meeting at White House ends with no debt ceiling agreement
President Joe Biden and House Speaker Kevin McCarthy could not reach an agreement Monday on how to raise the U.S. government's $31.4 trillion debt ceiling with just 10 days before a possible default…
Source: france24.com
Joe Biden, Kevin McCarthy meeting ends with no deal on debt ceiling
The Democratic president and the top congressional Republican have struggled to make a deal, as McCarthy pressures the White House to agree to spending cuts in the federal budget that Biden considers
Source: moneycontrol.com
Yellen Warns Government 'Highly Likely' to Run Out of Cash by Early June
Treasury Secretary Janet Yellen doubled down on her default projection, saying the government could reach its debt limit as early as June 1.
Source: breitbart.com
No deal on US debt ceiling despite 'productive' meeting between President Biden and House Speaker McCarthy
WASHINGTON: President Joe Biden and House Speaker Kevin McCarthy could not reach an agreement Monday on how to raise the US government’s $31.4 trillion debt ceiling with just 10 days before a possible default that could sink the US economy, but vowed to keep talking, according to Reuters. The Democratic president and the top congressional Republican have struggled to make a
Source: arabnews.com