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United States: Debt Ceiling Disaster Dodged (Beltway Buzz, June 2, 2023) - Ogletree, Deakins, Nash, Smoak & Stewart

Mondaq Wednesday, 7 June 2023
Debt Ceiling Disaster Dodged. After months of political posturing, weeks of negotiating, and days of nail-biting, the U.S. Congress approved legislation to lift the debt limit to ensure continued
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Video Credit: Rumble - Published
News video: June 6, 2023

June 6, 2023 27:30

The U.S. "suspended" the debt limit until after the presidential election. Debt ceiling debates have largely been theater in the past, and it turns out this time was no different. We will continue to see a ballooning of the national debt. The current fiscal and monetary policy is...

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