Several media shops, together with the New York Times, a number one American newspaper, spoke on the cellphone on the twenty seventh between President Biden and Speaker of the House of Representatives McCarthy of the opposition and Republican events on the problem of elevating the debt ceiling of the US authorities, which had been troublesome to barter. and mentioned that either side agreed in precept.
Without a deal, the US Treasury might default on its debt for the primary time in historical past as early as June fifth.
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