US House passes debt ceiling bill with spending cuts
Release Date:
The world's biggest economy is slowing down, US GDP fell to an annualized 1.1 percent last quarter, after growing 2.6% from October through December. Politics may put further pressure on the US economy as lawmakers spar over raising the debt ceiling. If they disagree the US faces its first-ever default on its debt which would rock its economy and beyond, Tulay Kalyon Haznederoglu has more:
#USHouse #DebtCeiling #USEconomy
US House passes debt ceiling bill with spending cuts