Five potential outcomes for debt limit battle ...Middle East

News by : (The Hill) -
Washington policymakers are scurrying this week to break the months-long stalemate over a debt limit hike, facing an increasingly tight deadline for finding an elusive bipartisan deal to lift the Treasury’s borrowing cap and prevent a government default.  President Biden will host a pivotal meeting Tuesday with congressional leaders at the White House, which is expected to set the tenor of the talks and provide some gauge as to whether an agreement is possible before the default deadline, which could arrive as soon as June 1. With neither side ceding an inch, markets are getting jittery, outside experts are chiming in with increasingly novel solutions and even veteran members of Con

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