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Kevin McCarthy: ‘Defaulting on Our Debt Is Not an Option’

Por: MarketWatch Business April 17, 2023

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“We are seeing in real time the effects of reckless government spending, record inflation and the hardship that it causes — rising interest rates, supply-chain shortages, instability in the banking system, and uncertainty across the board,” he added. The California Republican and other members of his party are moving toward a framework that could raise the debt ceiling into 2024, allowing for about $2 trillion in spending, the Washington... + full article



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