Tag Archives: McCarthy

Washington, US | XINHUA |  The debate over the debt ceiling in the United States is creating rampant uncertainty and risks an immediate economic recession, financial crisis, and hardships for American families and businesses, according to U.S. experts. Despite reaching the 31.4 trillion U.S. dollar debt limit in January, discussions …

Washington, US | XINHUA | The U.S. House of Representatives elected Congressman Kevin McCarthy as speaker early Saturday morning after a historic and embarrassing deadlock that kept the lower chamber from being fully functional days after the new Congress convened. McCarthy finally quelled a fierce rebellion among his party’s ranks …