Por: ABC News Business May 04, 2023
WASHINGTON -- White House economists on Wednesday warned of “severe damage” to the U.S. economy in the event of a debt default, warning that a prolonged default could cause 8.3 million job losses and the to tumble 45%.But the new report from the Council of Economic Advisers shows that even less severe scenarios would hamper the U.S. economy, evidence that the political showdown over the debt limit carries major financial costs. Without a... + full article
Associated Press USA Politics May 04, 2023
WASHINGTON (AP) — White House economists on Wednesday warned of “severe damage” to the U.S. economy in the event of a , warning that a prolonged default could cause 8.3 million job losses and the stock market to tumble 45%.But the new from the Council of Economic Advisers... + más
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MarketWatch USA Politics May 04, 2023
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Newsweek USA World April 29, 2023
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Associated Press USA Health February 13, 2023
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CBS News USA Politics January 22, 2023
A political battle is brewing on Capitol Hill with potentially dire economic consequences looming after the on Thursday. Lawmakers must reach an agreement to either raise or suspend the debt limit to avoid a credit default, which would mean the government couldn't pay its... + más
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Fox Business USA Business January 18, 2023
Dan Clifton, a Strategas partner and head of policy research, says Republicans have to start crafting a 'unified' debt ceiling plan now. Wall Street is bracing for an impending fight on Capitol Hill over the federal debt limit, raising fears a showdown could send the... + más
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Forbes USA Business January 16, 2023
(Photo by Ina Fassbender / AFP) (Photo by INA FASSBENDER/AFP via Getty Images)AFP via Getty Images Key Takeaways The US is hitting its debt limit next Thursday, and Congress has been notified of the fact by Treasury Secretary Janet Yellen. The government running out of credit... + más
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