Tag: US debt ceiling
Posted in US News
Joe Biden, Kevin McCarthy reach ‘agreement in principle’ to raise debt ceiling as default looms
WASHINGTON: President Joe Biden and House Speaker Kevin McCarthy reached an “agreement in principle” late Saturday as they raced to strike a deal that to…
Posted in US News
Treasury: US Treasury Secretary warns of ‘chaos’ if Washington fails to raise debt ceiling
WASHINGTON: US Treasury Secretary Janet Yellen warned Sunday that unless Congress acts soon to raise the nation’s debt ceiling, “financial and economic chaos would ensue.”…