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Biden’s Radical Option to End the Debt Fight

The Daily

The Consequences of the Biden Administration's 14th Amendment Strategy

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Biden could invoke the 14th Amendment to force another Treasury auction. The buyers of government bonds might not be so sure that this debt they would be borrowing is actually going to pay off down the road. An actual default on the debt could be crippling chaos. But in this case, what's going to happen is the government will at least keep that money flowing into the economy.

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