U.S. Senate Readies Vote on Debt-limit Hike, Averting Default Risk

“WASHINGTON, Dec 14 (Reuters) – The U.S. Senate is expected to vote on Tuesday to raise the federal government’s $28.9 trillion debt limit and forward the measure to the House of Representatives for final passage, to avoid an unprecedented default.”


Published by markskidmore

Mark Skidmore is Professor of Economics at Michigan State University where he holds the Morris Chair in State and Local Government Finance and Policy. His research focuses on topics in public finance, regional economics, and the economics of natural disasters. Mark created the Lighthouse Economics website and blog to share economic research and information relevant for navigating tumultuous times.

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