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The U.S. Fiscal and Midterms Outlook

Insights Now

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The Economic Consequences of a Debt Shutdown?

We have never had a debt to fault. Treasuries is the bedrock of global financial markets. The economic consequences would be very severe from a debt default. But luckily, i think the risk of that is pretty small right now. I really think we should abandon the debt sealing altogether and just deal with spending and taxes as they come up.

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