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62DOOM SCORE
Biden and McCarthy meeting ends without debt-ceiling deal
United States
First seen: Aug 22, 2026, 4:46 PM UTCUpdated: Aug 22, 2026, 4:46 PM UTC
WHAT HAPPENED
US President Joe Biden and House Speaker Kevin McCarthy ended negotiations without reaching an agreement on the debt ceiling.
SO WHAT?
Failure to raise the debt ceiling could create major financial-market and government-funding risks.
FOR ME
Impact on Switzerland
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