WASHINGTON: Ongoing negotiations to raise the United States’ debt ceiling and avoid a looming default are a subject of interest at the Group of Seven (G7) summit in Japan, although the matter is not generating alarm, reported Sputnik.
“(The US debt ceiling) is definitely a subject of interest here at the G7... This is not generating alarm or a kind of vibration in the room,“ White House National Security Advisor Jake Sullivan said during a press briefing on Friday.
US President Joe Biden has expressed confidence that he believes he can “drive” to an outcome that avoids default after returning home for negotiations with congressional leaders, Sullivan added. - Bernama
