Wednesday, March 22, 2023

Here’s why Janet Yellen doesn’t think prioritizing payments would avoid a debt ceiling debacle

Snippet of Article: "...the heightened political polarization in Washington, DC, may drive the nation closer to the edge of default than has been the case in years. The US hit its $31.4 trillion debt ceiling in January, forcing the Treasury Department to take extraordinary measures to allow the federal government to continue paying its bills in full and on time. A default could come over the summer or in early September, according to various analyses. ..."

Source: cnn.com

Debt Ceiling (Biden Refuses to Negotiate),Biden Legacy,