According to several American media, the two teams of Democratic President Joe Biden and Republican Speaker of the House Kevin McCarthy have agreed on a few main lines.
The “New York Times” and “Washington Post” newspapers claimed that the agreement would freeze certain expenditures, but without prejudice to the budgets allocated to defense and veterans, and that this agreement was inevitable, so that the conservatives accepted a vote in Congress to raise the US public debt ceiling.
The agreement will also defer the risk of default for two years, until the next presidential elections.
This unprecedented scenario, where the greatest power in the world does not pay its debts, could occur as early as June 1, in the event that a political agreement does not occur and a vote takes place in the House of Representatives and the Senate. .
The United States will then find itself unable to pay its creditors, and also unable to pay the salaries of certain civil servants or social benefits.
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