The Debt Ceiling - Is Default Coming?

The Debt Ceiling - Is Default Coming? What does this mean to you?

The United States is getting dangerously close to the Debt Ceiling Deadline.

The U.S. Treasury Department warns that it is essential for Congress to raise the Debt Ceiling by June 1, 2023.

But negotiations have stalled.

If the U.S. defaults for the first time, tens of billions of dollars in Social Security benefits, federal salaries, payments to Medicaid providers, veterans’ benefits and more could be at risk. 

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