Democrats are betting Republicans will blink and agree to raise the debt ceiling before it expires, a risky wager after a weeks-long standoff that threatens the health of the financial markets and continued U.S. government operations.
Should market turmoil and a federal shutdown ensue this fall, it could overshadow Democrats’ efforts to push through President Joe Biden’s $4.1 trillion economic agenda and serve a blow to the party heading into next year’s midterm elections.
"easy" - Google News
August 16, 2021 at 01:00PM
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Democrats' Debt Dare Risks Shutdown Fight With No Easy Way Out - Bloomberg
"easy" - Google News
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