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Economists and business leaders raise alarm about looming debt ceiling deadline

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The U.S. is expected to bump into its borrowing limit in just a few days. The Treasury Department said it is taking "extraordinary measures" to allow the country to keep paying its debts for now, but Congress must vote to raise the debt ceiling. Wendy Edelberg of the Hamilton Project and Neil Bradley of the U.S. Chamber of Commerce joined Laura Barrón-López to discuss the concerns.

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Category
U.S. & Canada
Tags
debt ceiling, federal debt, government spending
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