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Why the election could make Washington's looming next fiscal crisis harder

Summary by BizToc

Washington's next fiscal crisis looms right around the corner. Fixing it could be hard. Analysts project the U.S. will breach the $41.1 trillion debt ceiling at some point in 2027, requiring Congress to raise or suspend it before the Treasury Department runs out of "extraordinary measures" to…

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BizToc

Why the election could make Washington's looming next fiscal crisis harder

Some in the GOP are already disavowing raising the debt ceiling absent deep spending cuts as the national debt balloons past $40 trillion.

20 days ago·Englewood Cliffs, United States

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Leaning Left1Leaning Right0Center0Last Updated20 days agoBias Distribution

100% Left

Bias Distribution

100% of the sources lean Left

100% Left

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CNBC broke the news in Englewood Cliffs, United States 20 days ago on Monday, September 14, 2026.

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