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Talks to avoid US debt default on the edge

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U.S. President Joe Biden is heading home right after the G7 Summit, canceling the rest of his Asia trip to focus on America’s debt-ceiling fight.

Negotiations are now stalled with just 10 days to go before the U.S. hits what’s being called the X-date.

That is the earliest point according to U.S. Treasury Secretary that the country could default on its financial obligations.

For more info, please go to https://globalnews.ca/news/9712146/us-debt-ceiling-impasse-canada-may/

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Category
U.S. & Canada
Tags
global news, U.S. debt ceiling, Will U.S. default on its debt?
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