US Republicans put brakes on debt crisis talks
The threat of a US default goes up a notch after a ‘pause’ in debt ceiling talks between the White House and the Republican opposition as the two sides wrangle with deep disagreements. – EPA pic, May 20, 2023.
THE threat of a US default was raised a notch yesterday after a “pause” in debt ceiling talks between the White House and the Republican opposition as the two sides wrangle with deep disagreements. Negotiators for President Joe Biden have been locked in talks with Republicans as they seek a deal to raise the US borrowing limit and allow the world’s largest economy to avoid defaulting on its debt repayments.
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