Budowsky: Engaging in bipartisanship to avoid debt ceiling crash ...Middle East

News by : (The Hill) -
The clock is ticking toward an extremely dangerous debt ceiling crisis that could devastate the world economy as early as June. The first wave of a potential debt ceiling crash in financial markets would happen if bond market rating agencies downgrade the full faith and credit of the United States before a formal default, if they lose confidence in the president and Congress to address the crisis.  Because of the severity of the danger, the Biden administration and Congress should carefully and objectively study the magnitude of financial peril.  The issue is widely understood by leading financial experts who have served both parties for a long time.  And let me emphasize that ma

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