Get latest articles and stories on World at LatestLY. An optimistic President Joe Biden declared on Wednesday he is confident the US will avoid an unprecedented and potentially catastrophic debt default, saying talks with congressional Republicans have been productive. He left for a G-7 summit in Japan but planned to return by the weekend in hopes of approving a solid agreement. World News | Biden Declares America Will Not Default , Says He s Confident of Budget Deal with GOP Lawmakers.
US President asserted confidence that America will not default amid the ongoing debt-ceiling crisis in the US. He left for the G7 summit in Japan, where he is likely to hold a trilateral meet with South Korea and Japan, as informed by his National Security Advisor.
WASHINGTON (AP) President Joe Biden announced Wednesday that he is confident the United States will avoid an unprecedented and catastrophic debt crisis,