Time Is Running Out for Congress to Raise the Debt Ceiling


With a June 5 deadline looming, there is much to be done to prevent the default that leaders of both parties said would never happen.
Senator Mitch McConnell had a message for Americans growing increasingly worried that the economy is going to crash if the federal debt ceiling is not raised: Just chill. “Look, I think everybody needs to relax,” Mr. McConnell, the Kentucky…

This story appeared on nytimes.com, 2023-05-26.
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