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Debt Restriction Negotiations “Progress” One Week Ahead of Default Deadline

by Natalia Chi May 25, 2023, 6:11 pm 792 Views

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Debt-limit talks ‘progress’ a week ahead of default deadline – CBS News

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The June 1 deadline for Treasury Secretary Janet Yellen to say the United States could default if the debt ceiling is not raised is a week away. Both sides said Wednesday’s negotiations remained “productive,” but no deal was still reached and the House of Representatives is set to adjourn for a week on Remembrance Day. CBS News’ White House correspondent Nancy Cordes has more to say.

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Written by Natalia Chi

Chicago Popular; Chicago breaking news, weather and live video. Covering local politics, health, traffic and sports for Chicago, the suburbs and northwest Indiana.

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