Debt ceiling breach could wipe out 8 million jobs, White House warns ...Middle East

Economy by : (Washington Post) - Thursday 04/05/2023 - 01:53 AM (2023-5-4)

In the report, the White House Council of Economic Advisers compared the potential economic impact of a debt ceiling breach to the 2008 Great Recession, in which economic growth contracts sharply and unemployment surges.

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