Biden, McCarthy divided on raising US debt ceiling |
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In order to keep paying the nation's bills and stave off an economic meltdown, U.S. President Joe Biden and his Republican rivals are trying to figure out how to end the stalemate over raising the nation's debt ceiling.
While Biden described their most recent talks as “productive,” House Speaker Kevin McCarthy said he “didn’t see any new movement” towards resolving the issue. Jackson Proskow explains how the two leaders are at a stalemate, and the potential worldwide repercussions of the U.S. government defaulting on its debt. For more info, please go to https://globalnews.ca/news/9686546/us-debt-ceiling-canada-biden-mccarthy/ Subscribe to Global News Channel HERE: http://bit.ly/20fcXDc Like Global News on Facebook HERE: http://bit.ly/255GMJQ Follow Global News on Twitter HERE: http://bit.ly/1Toz8mt Follow Global News on Instagram HERE: https://bit.ly/2QZaZIB #GlobalNews #US #debt |