President Biden and Speaker Kevin McCarthy will meet on Tuesday afternoon to debate price range priorities and elevating the debt restrict at a precarious second: The US is rapidly operating out of money to pay its payments.
Lawmakers have lower than a month to go laws to extend or droop the debt ceiling, which caps the amount of cash the federal government can borrow. The US reached its statutory $31.4 trillion debt restrict on Jan. 19, and the Treasury Division estimates that the…
