Webhaber
US heads for debt-ceiling standoff as House Republicans refuse to budge

US heads for debt-ceiling standoff as House Republicans refuse to budge

Hard-right Republicans say no to ‘clean’ debt ceiling increase, raising dire possibility of US defaulting on financial obligations The US economy could be headed for a crisis manufactured by a handful of House Republicans.The treasury secretary, Janet Yellen, informed congressional leaders on Thursday that the US has hit its debt ceiling, which limits the amount of money that the government can borrow to pay all of its bills. Yellen urged Congress to work as quickly as possible to raise the debt ceiling and prevent the US from defaulting on any of its financial obligations, which would have catastrophic consequences.

The Guardian The Guardian | Go to detail of news source

The Guardian, Benzer haberler

The Guardian What I tell my Black Jewish children about Kanye West, antisemitism and race | Jason Stanley What I tell my Black Jewish children about Kanye West, antisemitism and race | Jason Stanley
The Guardian Crackdown on environmental defenders at an alarming level | First Thing Crackdown on environmental defenders at an alarming level | First Thing
The Guardian Two bald eagles nested in a pine for years. A utility company tried to chop it down Two bald eagles nested in a pine for years. A utility company tried to chop it down
The Guardian Some unverified reports of atrocities by Israel and Hamas have spread widely. Why? | Margaret Sullivan Some unverified reports of atrocities by Israel and Hamas have spread widely. Why? | Margaret Sullivan
The Guardian Arizona’s new attorney general to use election fraud unit to boost voting rights Arizona’s new attorney general to use election fraud unit to boost voting rights
The Guardian Jets, Dolphins or back to the Ravens: where will Lamar Jackson end up in 2023? Jets, Dolphins or back to the Ravens: where will Lamar Jackson end up in 2023?