No debt ceiling agreement, but Biden and McCarthy call White House talks productive
The Statesman|May 24, 2023
President Joe Biden and House Speaker Kevin McCarthy both said they had a productive debt ceiling discussion late Monday at the White House, but there was no agreement as negotiators strained to raise the nation's borrowing limit in time to avert a potentially chaotic federal default.
No debt ceiling agreement, but Biden and McCarthy call White House talks productive

It's a crucial moment for the Democratic president and the Republican speaker, just 10 days before a looming deadline to raise the debt limit.

As soon as June 1, Treasury Secretary Janel Yellen said in a letter to Congress, "it is highly likely" the government will be unable to pay all the nation's bills. Such an unprecedented default would be financially damaging for many Americans and others around the world relying on U.S. stability, sending shockwaves through the global economy.

Diese Geschichte stammt aus der May 24, 2023-Ausgabe von The Statesman.

Starten Sie Ihre 7-tägige kostenlose Testversion von Magzter GOLD, um auf Tausende kuratierte Premium-Storys sowie über 8.000 Zeitschriften und Zeitungen zuzugreifen.

Diese Geschichte stammt aus der May 24, 2023-Ausgabe von The Statesman.

Starten Sie Ihre 7-tägige kostenlose Testversion von Magzter GOLD, um auf Tausende kuratierte Premium-Storys sowie über 8.000 Zeitschriften und Zeitungen zuzugreifen.

WEITERE ARTIKEL AUS THE STATESMANAlle anzeigen
Tijil takes LGB Formula 4 overall title; Navaneeth seals Continental Cup at National Racing Championship finale
The Statesman

Tijil takes LGB Formula 4 overall title; Navaneeth seals Continental Cup at National Racing Championship finale

Twenty-two-year-old Bengaluru boy Tijil Rao from Dark Don racing capped a brilliant run to his entire season as he sealed the drivers' championship in the LGB Formula 4 category in the 27th edition of the JK Tyre FMSCI National Racing Championship.

time-read
3 Minuten  |
November 18, 2024
Sinner dispatches Ruud to reach ATP Finals title match
The Statesman

Sinner dispatches Ruud to reach ATP Finals title match

Jannik Sinner moved to within one win of capping his standout season in style when he dispatched Casper Ruud 6-1, 6-2 to reach the title match at the ATP Finals for the second consecutive year.

time-read
1 min  |
November 18, 2024
Aaqib Javed likely to become Pak's new white-ball head coach
The Statesman

Aaqib Javed likely to become Pak's new white-ball head coach

Former pacer Aaqib Javed is in line to become Pakistan's new white-ball head coach ahead of the Zimbabwe tour, scheduled to begin on November 24.

time-read
1 min  |
November 18, 2024
Odisha wins 14th Hockey India Senior Men National Championship 2024
The Statesman

Odisha wins 14th Hockey India Senior Men National Championship 2024

The Hockey Association of Odisha on Saturday emerged victorious over Hockey Haryana to claim the 14th Hockey India Senior Men National Championship title at the Mayor Radhakrishnan Hockey Stadium in Chennai.

time-read
1 min  |
November 18, 2024
Women's Asian Champions Trophy: India beat Japan 3-0
The Statesman

Women's Asian Champions Trophy: India beat Japan 3-0

Deepika powers the ball over the keeper and into the goal, making it 3-0 in India's favour

time-read
2 Minuten  |
November 18, 2024
Smith reveals plans for facing Ashwin during upcoming Border-Gavaskar Trophy
The Statesman

Smith reveals plans for facing Ashwin during upcoming Border-Gavaskar Trophy

Australian batter Steve Smith opened up on his battles with Indian ace spinner Ravichandran Ashwin over the years and revealed how he would face him during the upcoming Border-Gavaskar Trophy against India at home.

time-read
2 Minuten  |
November 18, 2024
CNFF-24: A meaningful initiative to encourage responsible film making
The Statesman

CNFF-24: A meaningful initiative to encourage responsible film making

It was a film festival with differences that underlined various intriguing contents covering the loneliness in older people, human affection, youth aspiration, environmental protection, and the buoyant flavour of patriotism.

time-read
6 Minuten  |
November 18, 2024
The Statesman

Sanamahi, the supreme God of Meiteis and other indigenous tribes

The story of Sanamahi in Meitei lore parallels the themes of creation seen in scientific theories, such as the Big Bang (Thille Pokaiba), that describe the origin of the universe.

time-read
5 Minuten  |
November 18, 2024
Price of tomato declining: Centre
The Statesman

Price of tomato declining: Centre

The Centre on Sunday claimed that the retail prices of tomatoes are on the decline with the fall in mandi prices.

time-read
1 min  |
November 18, 2024
The Statesman

Global pharma sector stares at lack of talent, specific skills: Report

Lack of specific skills and talents has been found to be the biggest obstacle for pharmaceutical companies in their digital transformation journey, according to a new report.

time-read
1 min  |
November 18, 2024