US Congress, White House begin tough debt limit, budget negotiations
WASHINGTON – Detailed talks on raising the U.S. government’s $31.4 trillion debt ceiling kicked off on Wednesday with Republicans continuing to insist on spending cuts, the day after Democratic President Joe Biden and top congressional Republican Kevin McCarthy’s first meeting in three months. Time is tight to avoid a historic, economically destabilizing default on government debt, which the Treasury … Continue reading US Congress, White House begin tough debt limit, budget negotiations
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