Biden says the US government has yet to agree on increasing public debt

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U.S. President Joe Biden said the U.S. government has yet to agree on an increase in public debt. DEA News.

“They’re moving forward, it’s about real arguments <…> We’re not at the critical point yet,” Joe Biden said in front of a pool of White House journalists, then left, refusing to answer any additional questions.

At the same time, it was learned that a new round of debate on the national debt, with the participation of the President of the United States and four Congress leaders, has been postponed until next week.

It was previously learned that the US Treasury Secretary Janet Yellen. plans notify Congress of a potential default within two weeks.

According to him, the presidential administration may exhaust its emergency measures as the national debt ceiling is reached as early as 1 June. Then the country will default on its public debt. The Treasury Secretary said this would be an “economic disaster” for the United States and would affect the global economy.

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