Meager tax revenue is exactly the kind of news we don’t need right now,” said Maya MacGuineas, president of the nonprofit Committee for a Responsible Federal Budget. ![]() “If lawmakers ever needed a wake-up call, this is it. The standoff has rattled investors, sending the cost of insuring exposure to US government debt to record highs, as Wall Street grows more concerned about the risks of an unprecedented default.Īlso on Wednesday, the Treasury Department announced that government tax receipts for April confirm a recent trend of declining revenue, which, coupled with higher outlays, likely adds to pressure on Congress to reach a debt limit deal promptly. But some areas of potential compromise emerged after a White House meeting on Tuesday, May 9. Time is tight to avoid a historic, economically destabilizing default on government debt, which the Treasury Department has warned could come as soon as June 1. For more information on this Offer, please see our FAQs or contact a WeWork Sales Representative.WASHINGTON, USA – Detailed talks on raising the US government’s $31.4-trillion debt ceiling kicked off on Wednesday, May 10, with Republicans continuing to insist on spending cuts, the day after Democratic President Joe Biden and top congressional Republican Kevin McCarthy’s first meeting in three months. This Offer is governed as follows: In the United States, the laws of the State of New York, in Canada, the laws of Canada, In the United Kingdom, the laws of England. WeWork may modify or terminate the Offer at any time without notice. Offer is non-transferable, has no cash value, and by participating in this Offer, you may be ineligible for other promotions or offers. Offer is subject to WeWork’s sole discretion and subject to availability. Each participant may only take advantage of the Offer once. Offer does not apply to quotes from outside the country you are applying in, advertising errors or misprints, or where quotes relate to an office that is not a private office and/or that is not currently available. To take advantage of this Offer, participants must provide a recent invoice or quote from a select regional and national competitor in the co-working and traditional real estate industry in the same submarket, dated January 1, 2023, or later to verify pricing and location of the comparable office space. The membership agreement must be signed by July 1, 2023, and the membership must commence on the first (1st) day of a calendar month within thirty (30) days of the execution of the membership agreement. Participants must enter into a new WeWork membership agreement with a commitment term of up to thirteen (13) months. This Offer applies to private offices of comparable size to current office space in the same sub-market with a capacity of up to 49 people at select WeWork locations. Offer is available only for new members and previous members (who have not been active WeWork members for at least two (2) consecutive months prior to May 15, 2023). Offer is valid from through J(“Redemption Period”). ![]() ![]() Match Offer Terms: This price match offer ("Offer") is being run by the following WeWork entities – if you are applying in the (i) United States, the Offer is being run by We Work Management LLC (ii) Canada, the Offer being run by WeWork Canada LP ULC or (ii) United Kingdom, the Offer is being run by WeWork International Limited. WeWork private office memberships are subject to service retainers, set up fees, optional elected add-on services fees, overage charges, late fees and or any other fees that are payable in addition, as set forth in your membership agreement. ![]() *Price matching applies to the base price before any taxes or other fees.
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