Threat of US credit downgrade looms over debt ceiling talks ...Middle East

The U.S. government spends far more than it collects in tax revenue and has to borrow the difference. But a quirk in U.S. law requires Congress to periodically raise the government’s debt limit.

Hence then, the article about threat of us credit downgrade looms over debt ceiling talks was published today ( Friday 26/05/2023 - 12:16 AM ) and is available on Los Angeles Daily News ( Middle East ) The editorial team at PressBee has edited and verified it, and it may have been modified, fully republished, or quoted. You can read and follow the updates of this news or article from its original source.

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