President Biden is about to welcome Speaker Kevin McCarthy and different prime congressional leaders to the White Home on Tuesday for a pivotal spherical of discussions concerning the nation’s taxes, spending and debt as a doubtlessly catastrophic authorities default quickly approaches.

The talks come simply weeks earlier than the US is predicted to expire of money to pay its payments until the nation’s borrowing cap is lifted. Like earlier moments of brinkmanship, the discussions have echoes of 2011 and…


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