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the republicans have been unwilling to budge on. and time is ticking. janet yellen has estimated the government could run out of money to pay its bills as soon as next month. it s congress s job to do this. if they fail to do it, we will have an economic and financial catastrophe that will be of our own making. there is no action that s evident biden and the us treasury can take to prevent that catastrophe. fin treasury can take to prevent that catastrophe. on tuesday, president joe that catastrophe. on tuesday, president joe biden that catastrophe. on tuesday, president joe biden will- that catastrophe. on tuesday, president joe biden will meet | presidentjoe biden will meet with congressional leaders to try and resolve this crisis. but if not, washington could be sent into a debt default by june. the debt limit was created in 1917, and currently stands at over $31 trillion. the ceiling has been raised 78 times in 1960. a senior analyst at moody s said we need a solutio

Debt ceilingJanet yellenSouth koreaAsia business reportPresidentjoe bidenUnited statesOn tuesdayFin treasuryDebt defaultDebt limit31 trillion1 trillionMoody sIsn tDebt ceiling issueMounting pressure