Connect with us

International

No Debt Ceiling Agreement In U.S.

USA – U.S. 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.

Published

on


Advertisement

Advertisement

Advertisement

Advertisement

Advertisement

Advertisement

USA – U.S. 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.

The two have vowed to keep talking to avoid a possible sinking of the U.S. economy.

Democrats and republicans have struggled to make a deal, as McCarthy pressures the white house to agree to spending cuts in the federal budget that Biden considers “Extreme,” and the president pushes new taxes that republicans have rejected.

Comments
Advertisement
Advertisement
Advertisement
Advertisement
Advertisement
Advertisement
Advertisement
Advertisement
Advertisement
Advertisement
Advertisement
Advertisement
Advertisement
Advertisement

Trending