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As Debt Limit Deadline Looms, What is Needed to Avoid A Default and Its Potential Widespread Consequences?
To prevent the federal government from defaulting on its debt when it neared the debt limit in 2023, Congress voted to suspend the debt ceiling through this coming January 1. With that deadline looming, the decision of how to address national debt…
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By Government Accountability Office
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To prevent the federal government from defaulting on its debt when it neared the debt limit in 2023, Congress voted to suspend the debt ceiling through this coming January 1. With that deadline looming, the decision of how to address national debt…
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