Summary:
Congress has 12 working days to raise the nation's debt ceiling when it returns in September. Failure ot raise the debt limit would cause severe economic and political consequences. Negotiations have been sluggish, with one Democratic aide saying there are currently "no talks" ongoing. Tidbit: "With President Trump, debt ceiling options like the Platinum Coin and the 14th Amendment — while unlikely — are now at least a possibility," said Chris Kruger, an analyst at Cowen Washington Research Group wrote ina recent note to clients. Business InsiderCongress has 12 working days to avoid an economic disaster — and there's good reason to panic Bob Bryan
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Mike Norman considers the following as important: US debt ceiling, US debt ceiling 2017
This could be interesting, too:
Congress has 12 working days to raise the nation's debt ceiling when it returns in September. Failure ot raise the debt limit would cause severe economic and political consequences. Negotiations have been sluggish, with one Democratic aide saying there are currently "no talks" ongoing. Tidbit: "With President Trump, debt ceiling options like the Platinum Coin and the 14th Amendment — while unlikely — are now at least a possibility," said Chris Kruger, an analyst at Cowen Washington Research Group wrote ina recent note to clients. Business InsiderCongress has 12 working days to avoid an economic disaster — and there's good reason to panic Bob Bryan
Topics:
Mike Norman considers the following as important: US debt ceiling, US debt ceiling 2017
This could be interesting, too:
Mike Norman writes Mike Sandler — The Debt Ceiling And #MintTheCoin: Another Teachable Moment For A Sustainable Money System
Mike Norman writes Bloomberg — U.S. Default? Unlikely, But Bond Traders Are Taking No Chances
Tidbit:
- Congress has 12 working days to raise the nation's debt ceiling when it returns in September.
- Failure ot raise the debt limit would cause severe economic and political consequences.
- Negotiations have been sluggish, with one Democratic aide saying there are currently "no talks" ongoing.
"With President Trump, debt ceiling options like the Platinum Coin and the 14th Amendment — while unlikely — are now at least a possibility," said Chris Kruger, an analyst at Cowen Washington Research Group wrote ina recent note to clients.Business Insider
Congress has 12 working days to avoid an economic disaster — and there's good reason to panic
Bob Bryan