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Rudsy de Kort:

According to the law, the Three Rivers projects “I firmly believe in
has a suspended construction permit education, but even
more than that, I

believe in doing what
you love”

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The Ostrich Farm

Tuesday
May 9, 2023
T: 582-7800
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A r u b a ’ s O N L Y E n g l i s h n e w s p a p e r
Aruba’s ONLY English newspaper
Debt options abound, but can Biden, McCarthy strike a deal?

By LISA MASCARO
AP Congressional Corre-
spondent
WASHINGTON (AP) — The
White House and Con-
gress could strike a deal
to raise the debt ceiling in
exchange for budget cuts.
Or they could agree to a
stopgap measure to keep
paying the nation’s bills
while negotiations con-
tinue. They also could let
the negotiations unravel,
sending the economy into
chaos.
As President Joe Biden
meets Tuesday with House
Speaker Kevin McCarthy
and other congressional
leaders for the first time
over the debt ceiling crisis,
the options for easing out
of the standoff are many.
But the political incentive
for compromise is harder
to come by. There’s no
easy endgame ahead of
a June 1 deadline to raise
the debt ceiling or risk de-
faulting on the nation’s $31
trillion in debt. Treasury Secretary Janet Yellen speaks on the U.S.-China economic relationship at Johns Hopkins University School of Advanced
International Studies, Thursday, April 20, 2023, in Washington.
Continued on Page 2 Associated Press