Republicans, Democrats poised for battle as debt ceiling deadline looms Thursday

21 days ago CP24

"It is therefore critical that Congress act in a timely manner to increase or suspend the debt limit," Treasury Secretary Janet Yellen wrote last week in a letter to congressional leaders. And McCarthy is sounding like a man willing to use all the time at his disposal. "I would like to sit down with all the leaders, and especially the president, and start having discussions." "Failing to deal with the debt limit would cause economic catastrophe," Jean-Pierre warned. And there's not much Canada or anyone else outside the U.S. Congress can do to prepare, Hopewell said.
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