05.23.2023 - By PBS NewsHour
The impact of the U.S. defaulting on its debt would be felt by many Americans. It could include suspension of Social Security checks or a loss of food stamp benefits, to name just a few. Many economists argue it would be devastating to financial markets, tipping the country into a recession and creating global turmoil. William Brangham discussed that with Mark Zandi of Moody's Analytics. PBS NewsHour is supported by - https://www.pbs.org/newshour/about/funders