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Posts tagged as “the Department of the Treasury”

Biden to Meet with Congressional Leaders to Avert Potential U.S. Debt Default and Protect Small Business Owners

The U.S. is facing a potential default on its debt for the first time in history, with economists warning of dire consequences. Small business owners are particularly vulnerable, and President Biden is set to meet with congressional leaders to try and reach a deal to prevent a default. It is hoped that this meeting will result in an agreement that will prevent the U.S. from defaulting on its debt.