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Tag Archives: US debt ceiling

Bob Bryan — Congress has 12 working days to avoid an economic disaster — and there’s good reason to panic

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...

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