American President Joe Biden remains “convinced” of a successful outcome of talks in Washington on increasing the borrowing limit USAwhich requires congressional approval, White House press secretary Karine Jean-Pierre said today.
There are still “substantial differences” between Democrats and Republicans, but “we are optimistic,” Jean-Pierre told reporters in Hiroshima, where the US president is attending a G7 summit.
If no agreement is reached in Congress by June 1 on raising the US debt limitthe largest economy in the world can be found before with unprecedented non-payment script.
Republican Rep. Patrick McHenry expressed doubts about the likelihood of reaching an agreement over the weekend after another inconclusive meeting on Friday night.
According to APE-MPE and Reuters
Source: Kathimerini
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