Biden-Kevin McCarthy's impasse over the debt ceiling is pushing the US economy closer to default.

Biden-Kevin McCarthy’s impasse over the debt ceiling is pushing the US economy closer to default.

Kevin McCarthy criticized the lack of progress as a result of the $31.4 trillion default that could occur as soon as June 1; the President called the talks “productive.” With just three weeks to go before the United States could be forced into an unprecedented default, President Joe Biden and high-ranking lawmakers agreed on Tuesday…

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