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It appears there has been little movement towards resolving the US debt ceiling impasse | Forexlive

US House of Representatives leader McCarthy:

  • “Everybody in this meeting reiterated the positions” they long held.

    “I didn’t see any new movement”

  • staff level talks will continue

US Senate leader McConnell says the US government is not going to default

  • says the solution to the stand off lies with McCarthy and Biden
  • US has just 2 weeks to raise the debt ceiling

Old cartoon from previous debt ceiling negotiations: