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BBCNEWS BBC July 6, 2024 - Vimarsana News

BBCNEWS BBC July 6, 2024

and congressional republicans met again on capitol hill. the two sides have untiljune 1st, just over a weeks�* time, to come to an agreement on raising the govenrment�*s borrowing limit, or risk the us not being able to pay its bills. some analysts have warned a default could lead to huge job losses here in the us, a plunge on the stock markets, and even a global recession. in fact, stocks on wall street finished sharply lower at the close of trading on tuesday. despite this, optimism among leaders remains. white house press secretary karinejean pierre says a deal both sides can ...

BBCNEWS BBC News June 4, 2024 01:05:00 - Vimarsana News

BBCNEWS BBC News June 4, 2024 01:05:00

Respect to covid and with respect to a variety of bills that they feel has fuelled insulation, so they don't want to keep spending at those levels, even at current levels. that said, both sides say they are committed and they understand the gravity of the situation, knowing the us could potentially default on its obligations, not be able to pay its bills as soon asjune the 1st. so they continue to keep that deadline in mind as they try to work towards an agreement.— try to work towards an aareement. . �* , ., ., agreement. that's our final question. _ agreement. that's our final question, ...

BBCNEWS BBC News June 4, 2024 01:12:00 - Vimarsana News

BBCNEWS BBC News June 4, 2024 01:12:00

Something special, to prioritise payments, there is plenty of money every single day to pay the interest on the debt. that is what a default is, when you don't pay your debt when it comes due. so there is plenty of cash to pay off the debt as it becomes due. if you make the argument that the 14th amendment gives you special privileges, may be the place to look is privatisation and not completely ignoring the debt ceiling entirely.— debt ceiling entirely. looking ahead to the _ debt ceiling entirely. looking ahead to the republican - ahead to the republican presidential nomination, that is ma...