The United States President, Joe Biden, on Monday (May 1) called for a meeting with the top four congressional leaders at the White House after Treasury Secretary Janet Yellen warned that Washington could run short of cash to pay all of the government’s bills as soon as June without a debt limit increase. The lack of funds to pay US’ debt obligations could trigger a catastrophic default.
What does Biden plan on doing?
A FEW days ago, leader of China’s Taiwan region Tsai Ing-wen used the occasion of her visit to so-called “diplomatic countries” to transit at the United States, and even planned to meet with US House Speaker McCarthy and other officials in an attempt to put on a “political show” in collusion with the United States to undermine the one-China principle.
AP – United States (US) Treasury Secretary Janet Yellen said in an Associated Press interview she expects Congress will ultimately vote to raise America’s debt limit, but demands by House Republicans for spending cuts in return for backing an increase are “a very irresponsible thing to do” and risk creating a “self-imposed calamity” for the […]
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