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What happens if the U.S. government can’t pay its bills?

Exchanges

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The Republican Reaction to the New Debt Limit Deadline

The first is going to be the Republican reaction to the new debt limit deadline. The June timing is ultimately pretty tricky because there's just a short period where they might run out of cash. And so because of that, my sense is that some congressional Republicans are a little bit skeptical of this early June deadline. There's also the question of how seriously congressional Republicans take this deadline.

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