Debt ceiling negotiations cause political turmoil and uncertainty.

1 min read
Source: The Washington Post
Debt ceiling negotiations cause political turmoil and uncertainty.
Photo: The Washington Post
TL;DR Summary

Lawmakers are still negotiating a deal to avoid a catastrophic default on the nation's debt, but many Republicans and Democrats are already expressing their opposition to the potential compromise. The House Freedom Caucus has called for an end to negotiations over the debt ceiling, while a growing coalition of Senate Democrats are calling for Biden to prepare to invoke the 14th Amendment. House Democrats are trying their own long-shot bid to raise the debt ceiling without spending cuts. Negotiations are ongoing, but time is running out before the possible June 1 deadline.

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