Debt-ceiling breach would push economy into free fall

Source: Zachary A. Goldfarb and Jim Tankersley - The Washington Post

The Obama administration will have to decide whether to delay — or possibly suspend — tens of billions of dollars in Social Security checks, food stamps and unemployment benefits if negotiations to raise the federal debt ceiling are not resolved this week, experts say, one of the many difficult choices officials will have to make at a time when the government will essentially be running on fumes.

Read Full Article: Debt-ceiling breach would push economy into free fall

 

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debt, congress, government, debt ceiling


 
 

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