US President Biden & House Speaker McCarthy agree to debt crisis deal 'in principle'

Published: Sunday, May 28, 2023 at 4:15 am

Updated:
May 28, 2023, 09:45 AM IST
The American economy is at a tipping point. US debt has now reached a level equal to the annual output of it's economy. The government has till June fifth- a week, to reach a bipartisan deal that will ensure the nation does not default on it's debt payment. While the deal remains to be inked, leaders from either side of the aisle have now reassured the American people that an agreement has been reached 'in principle'.

Full Story