Biden willing to discuss debt ceiling with Republican leader as default looms

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Washington (AFP) – President Joe Biden and House Speaker Kevin McCarthy both indicated Friday they are willing to discuss raising the US debt ceiling, as Democratic and Republican lawmakers head toward a high-stakes clash over raising the nation’s borrowing limit.  Their comments come one day after the US Treasury Department began taking “extraordinary measures” to help temporarily reduce the amount of outstanding debt subject to the limit, currently set at $31.4 trillion, and avoid defaulting on its payments.  Republicans, who took control of the House of Representatives earlier this month, h…

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