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There's A Debt Ceiling Agreement ... For Now
FiveThirtyEight Politics
The Effects of a Short Debt Ceiling Breach on the Economy
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Millions of Americans rely on money directly from the federal government. A default could raise interest rates and cause turmoil in an already weird housing market. Moody's calculated that a short debt ceiling breach would cause a 0.7% decline in real GDP, raising unemployment to 5%.
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highlights
Listen to the best highlights from the podcasts you love and dive into the full episode