Lawmakers leave Washington without a debt limit deal as risk of default grows
Collection Industry News
MAY 6, 2023
A debt limit deal is still not yet close at hand for House Republicans and the White House as lawmakers leave the nation’s capital and the risk of a first-ever default grows. With no bill to vote on, House lawmakers are leaving for the Memorial Day weekend, though they will be given 24 hours’ notice to return if and when a deal is reached. Each day that passes without a bipartisan deal to raise the debt ceiling brings the nation closer to default, which could be catastrophic for the global econo
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