The speaker of the House of Representatives spoke about the progress of negotiations on the national debt ceiling
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Speaker of the US House of Representatives McCarthy: there is progress in the work on the national debt ceiling
Speaker of the US House of Representatives Kevin McCarthy said that the executive and legislative branches of government are close to an agreement to raise the national debt ceiling. This decision will allow the country to avoid default.
If the debt ceiling is not raised, the US will not be able to service its financial obligations in the first half of June.
Read the materialThe US national debt exceeded the Russian one by 107 times“
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