Tops Four Leaders of #Congress Meet with President #Biden to Discuss Raising #Debt Ceiling #shorts
WASHINGTON – Today the top four leaders of Congress will join President Biden at the White House for a high-stakes meeting on raising the debt ceiling. Congressional Republicans are deeply divided with Biden on the debt ceiling issue as the U.S. inches closer to running out of money to pay its bills.
U.S. Treasury Secretary Janet Yellen is urging lawmakers to raise the debt ceiling as soon as possible.
“This would be a huge hit to the economy and really an economic catastrophe,” warned Yellen in a recent interview with CNBC. “If Congress doesn’t raise the debt ceiling we just will not have enough money at that time to be able to pay all of the bills the government owes and this would be really the first time since 1789 that such a thing would have occurred.”
Read the full story from CBN’s Abigail Robertson:
https://www2.cbn.com/news/politics/high-stakes-meeting-white-house-today-us-debt-deadline-approaches
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