Home » Economy » US debt: a “breakthrough” is possible, but political tussles continue

US debt: a “breakthrough” is possible, but political tussles continue

2023-05-18 21:47:47

The Republican boss of the House of Representatives, Kevin McCarthy, said on Thursday that he foresees a “breakthrough” in negotiations with Joe Biden’s White House on raising the debt ceiling. An agreement must be reached before the beginning of June to avoid a payment default by the United States.
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