The Debt Limit and Potential Default
May 17, 2023
Now it’s getting close to crunch time. Two weeks until the US defaults on its debt for the first time in our history. President Biden has seemingly taken his two biggest guns-the trillion dollar coin and the 14th Amendment-off the table. Speaker McCarthy does not have the votes to secure a deal. Washington-and the world-holds its breath. Who blinks firs…
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