Five ways a debt limit crisis could derail the US economy

Posted on AllSides January 18th, 2023
From The Center

The biggest threat the U.S. economy faces this year could be the fight over the federal debt limit.

Congress and the White House have roughly six months to avoid an unprecedented and potentially catastrophic default on the federal debt. But there is no clear path to keeping the U.S. solvent, with House Republicans fiercely opposed to any debt ceiling increase unaccompanied by serious spending cuts.

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The Hill

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