Debt Ceiling and Default
Witnesses testified on the impact of a default on financial stability and economic growth in the U.S. In their remarks the outlined various… read more
Witnesses testified on the impact of a default on financial stability and economic growth in the U.S. In their remarks the outlined various scenarios should Congress allow a default and warned of a potential economic depression. They also warned of negative impacts on the global economy and potential ripple effect of default. close
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