Biden's Efforts to Avoid Debt-Ceiling Catastrophe.
TL;DR Summary
President Biden and Democratic leaders in Congress are negotiating over raising the country's borrowing level, despite their previous stance of not negotiating over the debt ceiling. If Congress doesn't raise the debt ceiling by the June 1 deadline, President Biden could use the trillion-dollar coin, premium bonds, or the 14th Amendment to avert disaster.
- Biden Tries to Close Debt-Ceiling Deal Democrats Sought to Avoid The Wall Street Journal
- US News Live: Biden, McCarthy meeting ends with no deal on debt ceiling | US debt ceiling crisis WION
- Biden issues terse statement after McCarthy debt ceiling talks: 'Avoid a catastrophe' Fox News
- This week will be a test for the entire rationale for Joe Biden's presidency The Independent
- Here’s how Biden can avoid default and a constitutional crisis The Hill
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