Biden and Republicans Hold Second Round of Debt Talks
Interactive Video
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Business, Social Studies
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University
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Hard
Wayground Content
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5 questions
Show all answers
1.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What is the main concern expressed by Secretary Yellen regarding the debt limit?
The Treasury will run out of funds by early June.
The President will not attend the meeting.
The House will not pass the bill.
The Senate will not go on recess.
2.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Who are the key participants in the White House meeting?
The President and the Senate
President Biden, Vice President Harris, and House Speaker McCarthy
Secretary Yellen and Congressional staff
The Treasury and the Federal Reserve
3.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What are some of the issues being discussed in the White House meeting?
Spending caps and work requirements for entitlements
Healthcare reform and education funding
Tax increases and budget cuts
Foreign policy and trade agreements
4.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What is a significant challenge in reaching a deal on the debt limit?
The lack of interest from the public
The absence of key congressional leaders
The President's upcoming trip to Japan
The disagreement on foreign policy
5.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What potential consequences did Yellen warn about if the debt limit issue is not resolved?
Immediate economic growth and stability
Improved international relations and trade
Decreased interest rates and inflation
Increased borrowing costs and impact on U.S. credit rating
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