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[ad_1] A default would likely have catastrophic consequences. (File) Washington: US President Joe Biden and Republican leader Kevin McCarthy said they were confident Sunday of pushing a debt crisis deal through Congress and avoiding a cataclysmic default, despite skepticism from some lawmakers on both sides of the aisle. The tentative agreement reached Saturday after weeks … Read more
[ad_1] A default would likely have catastrophic consequences. (File) Washington: US President Joe Biden and Republican leader Kevin McCarthy said they were confident Sunday of pushing a debt crisis deal through Congress and avoiding a cataclysmic default, despite skepticism from some lawmakers on both sides of the aisle. The tentative agreement reached Saturday after weeks … Read more
[ad_1] US Speaker of the House Kevin McCarthy talks to reporters at the US Capitol Crucial talks between US House of Representatives Republicans and President Joe Biden’s administration about raising the debt ceiling briefly resumed on Friday before concluding with no progress, Guardian reported. As per the report, negotiations came to an abrupt standstill earlier in … Read more