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Why a government default could be worse than a government shutdown

Summary by Ground News
A U.S. default on its debt would have a significantly broader impact on federal operations, financial markets and the global economy than recent government shutdowns. Treasury Secretary Janet Yellen has warned default could come as soon as June 1 without an agreement between Congress and President Joe Biden. A default would potentially reduce payments that keep millions of households afloat.

28 Articles

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Center
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Center

Why a government default could be worse than a government shutdown

There's never been a default, and negotiators are trying to find a way to avoid one now.

·Salem, United States
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Center

Why a government default could be worse than a government shutdown

There's never been a default, and negotiators are trying to find a way to avoid one now.

Read Full Article
KOATKOAT
Center

Why a government default could be worse than a government shutdown

There's never been a default, and negotiators are trying to find a way to avoid one now.

·Albuquerque, United States
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WAPTWAPT
Center

Why a government default could be worse than a government shutdown

There's never been a default, and negotiators are trying to find a way to avoid one now.

·Jackson, United States
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WVTMWVTM
Center

Why a government default could be worse than a government shutdown

There's never been a default, and negotiators are trying to find a way to avoid one now.

·Birmingham, United States
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WMTWWMTW
Center

Why a government default could be worse than a government shutdown

There's never been a default, and negotiators are trying to find a way to avoid one now.

·Portland, United States
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Bias Distribution

  • 85% of the sources are Center
85% Center
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abc News broke the news in United States on Thursday, May 18, 2023.
Sources are mostly out of (0)

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