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US Debt Ceiling: Shutdown, Default, or Extraordinary Measures

US Debt Ceiling: Shutdown, Default, or Extraordinary Measures
A view of the U.S. Capitol in Washington on Oct. 6, 2021. Drew Angerer/Getty Images
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Commentary

House Democrats refuse spending cuts to keep the United States out of default.

Antonio Graceffo
Antonio Graceffo
Author
Antonio Graceffo, Ph.D., is a China economy analyst who has spent more than 20 years in Asia. Graceffo is a graduate of the Shanghai University of Sport, holds an MBA from Shanghai Jiaotong University, and studied national security at American Military University.
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