Treasury secretary Janet Yellen had warned that the US may be unable to pay its bills by 5 June

Joe Biden and the House Republican speaker, Kevin McCarthy, have reportedly reached a deal in principle to raise the debt ceiling, with just days left before America was expected to default.

Negotiators reached the deal on Saturday, a source familiar with the negotiations told the Reuters news agency.

Continue reading…

Leave a Reply

Your email address will not be published. Required fields are marked *

You May Also Like

As the bombs drop and refugees flee for their lives, remember Ukraine’s children | Justin van Fleet

In conflict after conflict we forget how deeply they are affected: education…