Debt Limit: Statutory Changes Could Avert the Risk of a Government Default and Its Potentially Severe Consequences

www.gao.gov

Debt Limit: Statutory Changes Could Avert the Risk of a Government Default and Its Potentially Severe Consequences

www.gao.gov

🃏Joker to United States | News & Politics@midwest.socialEnglish · 11 hours ago

Congress sets a limit on federal borrowing, known as the debt limit. If the government reaches this limit and exhausts available cash, it risks...

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