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UrduThe Congressional Budget Office’s (CBO’s) projections released Wednesday that estimate the U.S. government might default on its debt between July and September may spur lawmakers to resolve the debt ceiling crisis faster, according to Johns Hopkins University macroeconomist Alessandro Rebucci,…
Tag: debt limit
Johns Hopkins Expert: Debt Ceiling Could Lead to Mayhem for U.S. Economy
With the United States hitting its debt ceiling today, the federal government must scramble to resolve the issue or the U.S. economy could be headed toward mayhem, according to Johns Hopkins University financial expert Kathleen Day, who has extensively studied…