Tuesday, May 9, 2023

No agreement on US debt ceiling

US House Speaker Kevin McCarthy says there has been "no new movement"
towards agreeing a debt ceiling deal, following talks with President
Joe Biden.

The meeting at the White House comes ahead of a June 1st deadline,
when the US is expected to run out of money and be unable to pay its
debts.

The US Treasury has warned the country defaulting would trigger a
global economic "catastrophe".

Biden and McCarthy will meet again on Friday.

House Speaker Kevin McCarthy spoke to reporters after the meeting.

IN "Everybody..."
OUT "...go."
DUR 14 seconds

http://www.fsnradionews.com/feeds/0509debt-mccarthy1.mp3

House Speaker Kevin McCarthy spoke to reporters after the meeting.

IN "The House..."
OUT "...something."
DUR 17 seconds

http://www.fsnradionews.com/feeds/0509debt-mccarthy2.mp3