Debt ceiling crisis looms as talks end with no deal in sight
By Anthony ZurcherNorth America correspondent
Bill ClarkAs early as next month, the US government could reach the legal cap on the national debtA critical week for negotiations on raising the debt ceiling got off to a rocky start as White House talks ended with no agreement.
The US may default as soon as 1 June, causing a global economic catastrophe, if the limit is not raised by Congress before then.
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