Fiscal Policy | Politics & Geopolitics | US
Dom’s Quick Take – Today’s Debt Ceiling Reprieve Lowers December Default Risks
- By Dominique Dwor-Frecaut
- 2 minutes read
The debt ceiling has been extended to early December, as Senate Majority Leader Schumer just announced the Democrats have come to an agreement with the Republicans. At the time of writing, the exact details are not yet public but are believed to consist of the Democrats agreeing to a specific increase in the debt ceiling in exchange for Republican legislative support.
The debt ceiling has been extended to early December, as Senate Majority Leader Schumer just announced the Democrats have come to an agreement with the Republicans. At the time of writing, the exact details are not yet public but are believed to consist of the Democrats agreeing to a specific increase in the debt ceiling in exchange for Republican legislative support.
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