Biden says he believes US will avoid default at G7 summit
Written by Black Hot Fire Network on May 20, 2023
President Biden said at the Group of Seven (G7) summit on Saturday that he believes the United States will avoid a default as the deadline for lawmakers to reach a deal approaches.
Biden said at a press conference in Hiroshima, Japan, that he is “not at all” worried about the ongoing negotiations to raise the debt ceiling before the limit is reached. He said the process goes in stages, and one meeting might not make progress, but subsequent ones do.
“I still believe we’ll be able to avoid a default and we’ll get . . .
