After six months of war, Israel’s isolation grows with no end in sight
Apr 7, 2024
The two sides have tentatively reached an agreement that would raise the debt ceiling by enough to cover the country's borrowing needs through the November 2024 presidential election. It would boost spending on the military and veterans' care, and cap spending for many discretionary domestic programs, according to sources familiar with the talks. McCarthy said Republicans were also still pushing for reforms to energy permitting, including making it easier to drill for gas and oil. A failure by Congress to raise its self-imposed debt ceiling before June 5 could trigger a default that would shake financial markets and send the United States into a deep recession. (Reporting by Moira Warburton and Katharine Jackson; Writing by Andy Sullivan; Editing by Scott Malone, Frances Kerry and Daniel Wallis)
