Tag: kevin mccarthy

Just four months after narrowly averting a catastrophic default, the world's largest economy is once again teetering on the brink of a significant fiscal crisis.A bitter feud has erupted between President Joe Biden's Democrats and their Republican counterparts in Congress over crucial spending bills. Failure to pass these bills into law in a timely manner could trigger a government shutdown.The clock is ticking, with US lawmakers facing a looming deadline of midnight on September 30 to strike a consensus. Should they fail, government services could face a funding...