Monday, October 18, 2021

The House Passes A Short-Term Fix To The Looming Debt Ceiling Crisis

The House Passes A Short-Term Fix To The Looming Debt Ceiling Crisis

Had Congress been unable to reach an agreement, the fallout would have been "catastrophic," according to Treasury Secretary Janet Yellen, with child tax credits, Social Security benefits and military paychecks all hanging in the balance. The December deadline was a compromise between Republicans and Democrats, but the path for a longer-term solution remains…

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