U.S. to max out on debt soon, setting up political
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Posted On: 01/11/2023 8:08:45 PM
U.S. to max out on debt soon, setting up political fight
https://www.aol.com/finance/us-max-debt-soon-...12372.html
Quote:
WASHINGTON (AP) — The federal government is on track to max out on its $31.4 trillion borrowing authority as soon as this month, starting the clock on an expected standoff between President Joe Biden and the new House Republican majority that will test both parties' ability to navigate a divided Washington, with the fragile global economy at stake.
https://www.aol.com/finance/us-max-debt-soon-...12372.html
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