2023-05-19 23:39:11
According to a representative of the Presidential Office, negotiations between US Republicans and the government of President Joe Biden in the debt dispute continued on Friday evening (local time) following an interruption of several hours. In Washington, there is a dispute regarding raising the federal debt ceiling by $31.4 trillion (around €29 trillion). If no agreement is reached, the United States faces insolvency.
“We will return to the negotiating table tonight,” said Kevin McCarthy, Speaker of the House of Representatives, in a television interview shortly beforehand.
A representative of the president’s office said at noon that an agreement is still possible if both sides act in good faith and are willing to make concessions. US President Biden himself is in Japan for the G7 summit until Sunday.
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