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Debt Ceiling Countdown: An Explainer

The Dispatch Podcast

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The Debt Ceiling Is Bad

Best case scenario and maybe plurality, most likely scenario is we get a deal. But that's going to be the material impact of crossing the x-state. The debt continuing to increase as a percentage of GDP can have really negative long term ramifications. In fact, at some point in the future could spiral into a fiscal crisis. You know, those positions are going to have to change if we are actually going to tackle that problem.

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