Published 1 year ago

Countdown in the offing for political fight over debt

Summary by Wral News

The countdown toward a possible U.S. government default is in the offing — with frictions between President Joe Biden and House Republicans raising alarms about whether the U.S. can sidestep a potential economic crisis.

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The Independent

Countdown in the offing for political fight over debt

The countdown toward a possible U.S. government default is in the offing

1 year ago·London, United Kingdom

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Associated Press News

US Treasury buys time for Biden and GOP on debt limit deal

The Treasury Department says it has started taking “extraordinary measures” as the government has run up against its legal borrowing capacity of $31.381 trillion. Treasury Secretary Janet Yellen sent a

1 year ago·United States

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Washington Times

As U.S. nears debt limit, political frictions raising alarms

The countdown toward a possible U.S. government default is in the offing -- with frictions between President Biden and House Republicans raising alarms about whether the U.S. can sidestep a potential economic crisis.

1 year ago·United States

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Sydney Morning Herald

The game of chicken over the US debt ceiling has begun

Tonight, the US Treasury will bump against the government’s $US31.4 trillion debt ceiling. If the Biden administration can’t negotiate an increase, the US will default on its debts and ignite global financial turmoil.

1 year ago·Sydney, Australia

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KIFI

Countdown in the offing for political fight over debt

By JOSH BOAK Associated Press WASHINGTON (AP) — The countdown toward a possible U.S. government default is in the offing — with frictions between President Joe Biden and House Republicans raising alarms about whether the U.S. can sidestep a potential economic crisis. The Treasury Department projects that the federal government will on Thursday reach its legal borrowing capacity of $38.381 trillion, an artificially imposed cap that lawmakers have…

1 year ago·Idaho Falls, United States

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Coast Reporter

Countdown in the offing for political fight over debt

WASHINGTON (AP) — The countdown toward a possible U.S. government default is in the offing — with frictions between President Joe Biden and House Republicans raising alarms about whether the U.S. can sidestep a potential economic crisis.

1 year ago·Sechelt, Canada

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