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Biden says confident in reaching deal to avert default
Biden says confident in reaching deal to avert default
Business and Economy
by  AFP

President Joe Biden said Wednesday he was confident about reaching a deal with Republican leaders to avert a potentially catastrophic US debt default as early as June 1. The United States could begin defaulting on its debts "potentially as early as June 1," Treasury Secretary Janet Yellen said Monday, while the nonpartisan Congressional Budget Office has forecast June 15.

Biden says 'confident' in reaching deal to avert default
Biden says 'confident' in reaching deal to avert default
Business and Economy
by  AFP

President Joe Biden said Wednesday he is confident a deal can be reached with Republicans leaders to avert a potentially catastrophic US debt default as early as June 1. "The leaders have all agreed we will not default," Biden said in brief remarks at the White House, shortly before departing for the G7 meeting of world leaders in Japan.