US may default on June 1 without debt ceiling hike; Biden, McCarthy to meet
kathmandupost.com · Tue May 02 04:08:35 GMT 2023
The estimate raised the risk that the United States is headed for an unprecedented default that would shake the global economy.
US President Joe Biden on Monday summoned the four top congressional leaders to the White House next week after the Treasury warned the government could run short of cash to pay its bills by June.
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