McCarthy says debt negotiations cannot resume till Biden returns

U.S. Home Speaker Kevin McCarthy (R-CA) speaks to reporters with U.S. Senate Republican Minority Chief Mitch McConnell (R-KY) at his aspect following debt restrict talks on the White Home in Washington, U.S., Could 9, 2023.  Kevin Lamarque | Reuters The on-again, off-again deliberations on Capitol Hill surrounding the debt ceiling are again off-again, as Home … Read more

U.S. can keep away from default in July if it will get money in June: CBO

Folks stroll and journey bicycles previous the US Capitol in Washington, DC, on Could 11, 2023. Jim Watson | AFP | Getty Photos WASHINGTON — The Congressional Funds Workplace on Friday mentioned tax revenues and emergency measures after June 15 “will most likely enable the federal government to proceed financing operations by way of at … Read more