Debt Ceiling Showdown: Sticking Points and Warnings.
TL;DR Summary
With just 10 days left to reach a deal to raise the debt ceiling, major sticking points have emerged between Congress and the White House. Republicans are pushing for budget caps and reducing nondefense spending, while Democrats are pushing for a lift past next year's election. The fight over tougher work requirements for federal assistance programs and the timeline for lifting the debt ceiling are also unresolved. Pressure is mounting on both sides to strike a deal as the June 1 "X-date" approaches.
- These are the biggest sticking points in the debt ceiling fight The Hill
- The Hitchhiker’s Guide to Crunch Week on the Debt Ceiling Fox News
- JPMorgan's US debt default Q&A Financial Times
- Economists warn if debt standoff isn't solved, it would kick-start a recession WUSF Public Media
- Debt doom looms The Washington Post
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