Debt limit battle: How we got here
President Biden and Speaker Kevin McCarthy (R-Calif.) will sit down for the first time in months on Tuesday to discuss the nation’s debt limit.Bipartisan negotiations on the matter have stalled since February — when they last met — as Democrats and Republicans remain divided over how to keep the nation from defaulting on its debt. The Treasury warns the U.S. risks default as early as June 1 without congressional action, an outcome experts warn could have devastating
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