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Previous Debt Ceiling Fights Offer Clues to How This One Will End

Por: Time Politics April 20, 2023

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Political conflicts in Washington often seem to resemble a bad sequel to a movie—the kind that recycles the same plot and stars the same actors. The ongoing is no exception. Both political parties have engaged in legislative battles over the debt ceiling since the 1950s, each using it to paint the other as financially irresponsible for supporting a higher limit, only to reach an agreement before markets began to panic. Experts involved in... + full article



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