Congress must raise the debt limit before June 5 to avoid default.
that would raise the debt limit and avert potential global economic fallout.
“My worry is, there may still not be enough Republicans in the House to get this deal done,” Murphy said Sunday on MSNBC’s “Inside with Jen Psaki.” The agreement announced Saturday is not yet a sure thing. Any bill will have to be passed by both chambers of Congress before heading back to Biden’s desk, and to prevent default it all has to happen fast — before June 5, when the government is expected to no longer be able to pay its debts.
South Africa Latest News, South Africa Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Democratic Senators Rip Corporate Lobby for 'Cheerleading' GOP Default Threat and Tax Cuts'The American people deserve to understand why you are supporting even more deficit-busting tax giveaways for giant corporations, while also cheerleading Republican demands to inflict painful, job-killing austerity on everyone else.'
Read more »
Steve Forbes says Joe Biden will not be the Democratic nominee: 'They cannot have him running'Forbes Media chairman Steve Forbes outlines why he believes the economic crisis will cost President Biden the 2024 Democratic Party nomination.
Read more »
Major Hong Kong democratic party disbands amid China security clampdownOne of Hong Kong's biggest democratic parties said it would disband after a vote by its party members, dealing another blow to the city's already beleaguered democratic opposition.
Read more »
In New Hampshire, It’s Already 2024New Hampshire's first-in-the-nation status is about to come to an end, but these candidates are stumping hard anyway. Photographer Mark Ostow takes us to the 2024 campaign starting line:
Read more »
Texas House launches historic impeachment proceedings against Attorney General Ken PaxtonTexas' GOP-led House launched impeachment proceedings against Attorney General Ken Paxton on Saturday.
Read more »
Advocates hold immigration rights rally outside CA Democratic Convention in downtown LAImmigrant and worker rights advocates have gathered outside the California Democrat Convention in downtown Los Angeles to urge Gov. Newsom to include excluded workers in unemployment benefits.
Read more »