The decision to delay Friday’s expected meeting to next week was cast as a positive development, one that could allow officials to find agreement before the United States defaults on its debt.
Tag: Federal Budget (US)
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Yellen Calls Invoking 14th Amendment to Raise Debt Limit ‘Legally Questionable’
The Treasury secretary warned that a default would lead to a “very substantial downturn.”
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Biden Woos Republican Moderates in Debt Ceiling Standoff
A day after an unproductive meeting on the debt limit with Speaker McCarthy, the president assailed “extreme” Republicans who he said had “taken control of the House.”
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How Might the Government Avoid Default? Biden Offers Clues.
After making little progress with Republican leaders at the White House on Tuesday, the president previewed two possible endgames to resolve a debt-limit standoff.