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President Biden invites House Speaker McCarthy, congressional leaders for negotiation over US debt

The United States President, Joe Biden, on Monday (May 1) called for a meeting with the top four congressional leaders at the White House after Treasury Secretary Janet Yellen warned that Washington could run short of cash to pay all of the government’s bills as soon as June without a debt limit increase. The lack of funds to pay US’ debt obligations could trigger a catastrophic default. 

What does Biden plan on doing? ....

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