Biden says still optimistic on US debt talks ...Middle East

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Biden says still optimistic on US debt talks
source : Daily Sun ( Middle East ) () 42
WASHINGTON: Talks to avoid a US debt default were on a knife edge Saturday as President Joe Biden warned he would not accept “extreme” Republican demands but said he remained optimistic.“I still believe we’ll be able to avoid a default and we’ll get something decent done,“ he told reporters at the G7 summit in Hiroshima, Japan.With the Treasury Department warning that the US government could run out of money as early as June 1 -- triggering massive economic disruption in the world's biggest economy and likely around the globe -- the political battle in Washington has see-sawed without any clear sign of resolution.Republicans, who control the House of Representatives, are demanding steep budg

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