Default deadline pushed to 5 June as work requirements for food aid recipients reportedly emerge as final sticking point
Biden’s optimism came after the deadline when the US government would run short of funds to pay all its bills was pushed back to 5 June, giving both sides more breathing room but also raising the prospects that talks – which had seemed almost at a deal on Friday evening – could now stretch into next week.told reporters that he was making “progress” in negotiations with Biden, saying: “We do not have a deal … We are not there yet.
Americans and the world have watched with growing fear and and anger as the negotiating brinkmanship that could throw theinto chaos has dragged on in yet another repeat of the regular political theater that always seems to surround the issue in Washington. Currently, Republicans are seeking to make modifications to the National Environmental Policy Act in order to remove legal restrictions for oil and gas companies. Meanwhile, Democrats have urged the Biden administration and Democratic congressional leaders to oppose any Nepa changes.
Philippines Latest News, Philippines Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
US pushes back forecast of potential default date to June 5US Treasury Secretary Janet Yellen says the projected debt ceiling deadline is extended to June 5, four days later than previously estimated.
Read more »
US faces potential debt default as lawmakers depart for recessWith only a week left before the United States could hit its credit limit and potentially start defaulting on its debts, lawmakers are departing for home. Talks with the White House are ongoing, but it doesn't appear likely they'll reach a deal before the holiday long weekend.
Read more »
Thousands of assessments still to be made by June 30 deadline for flood-affected residentsNorthern Rivers residents are frustrated and some are relocating while they wait for either buyback, house raising, or retrofit 14 months after the disaster.
Read more »
Biden ‘optimistic’ of debt ceiling deal as Yellen extends deadline to 5 JuneLawmakers on call over Memorial Day weekend as treasury secretary revises estimate of when US will run out of money
Read more »
US remains in debt ceiling deadlock as date set for a June deadlineUS politicians and the White House are hopeful of finding a solution to ensure America can continue meeting its financial obligations. Treasury Secretary Janet Yellen has set the new deadline at June fifth. It leaves less than a week until the budget runs out.
Read more »
Russia to expel hundreds of German employees by start of JuneHundreds of civil servants and local employees working for German institutions in Russia will need to leave the country or lose their jobs in the coming days following an order by Moscow.
Read more »