What Happens if the U.S. Debt Ceiling Is Hit? | WSJ
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YouTubeThe Wall Street Journal
What Happens if the U.S. Debt Ceiling Is Hit? | WSJ
Congress and the White House have to — yet, again — agree to raise the debt ceiling before the default deadline of June 1, 2023. While both parties disagree on conditions to raising it, they both agree that a default can’t happen. Why? Because U.S. debt has become the center of gravity for the economy. Bonds issued by the Treasury are ...
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