House Republicans are pushing debt ceiling talks to the brink, displaying risky political bravado as they prepare to leave town Thursday for the holiday weekend just days before the U.S. could face an unprecedented default that could hurl the global economy into chaos.
Legislators are just days out from a possible devastating debt default if Congress fails to act to raise the borrowing limit. The fallout could hurl the global economy into chaos.
WASHINGTON (AP) — House Republicans are pushing debt ceiling talks to the brink, displaying risky political bravado as they prepare to leave town Thursday for the holiday weekend just days before the U.S. could face an unprecedented default that could hurl the global economy into chaos.
The White House said debt ceiling negotiators had "productive discussions" Thursday, although an agreement has not yet been reached. Follow here for live news updates.
WASHINGTON >> House Republicans are pushing debt ceiling talks to the brink, displaying risky political bravado as they prepare to leave town today for the holiday weekend just days before the U.S. could face an unprecedented default that could hurl the global economy into chaos.
Lawmakers are tentatively not expected back at work until Tuesday, just two days from June 1, when Treasury Secretary Janet Yellen has said the U.S. could start running out of cash to pay its bills and face a potentially catastrophic default.
With the U.S. potentially just one week away from defaulting on its debts, members of Congress are leaving town for the Memorial Day break without a deal. The White House and House Republicans are continuing to negotiate. Lisa Desjardins reports on the latest talks.
WASHINGTON — House Republicans pushed debt ceiling talks to the brink Thursday, displaying risky political bravado in preparing to leave town for the holiday weekend days before the U.S. could
WASHINGTON — House Republicans pushed debt ceiling talks to the brink on Thursday, displaying risky political bravado in preparing to leave town for the holiday weekend just days before the
WASHINGTON, D.C. — House Republicans pushed debt ceiling talks to the brink Thursday, displaying risky political bravado in leaving town for the holiday weekend just days before the U.S. could face an unprecedented default hurling the global economy into chaos.
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Debt ceiling talks teeter on the brink, as lawmakers leave town for weekend without a deal | Since Then