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Biden and McCarthy meet over US debt ceiling

United States
First seen: Aug 22, 2026, 8:02 AM UTCUpdated: Aug 22, 2026, 8:02 AM UTC

US President Biden and House Speaker McCarthy met to discuss the debt ceiling and cited differences. The headline indicates a major unresolved fiscal confrontation.

Failure to resolve the dispute could threaten US government financing and broader financial stability.

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