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Thursday, April 25, 2024

What happens if the U.S. defaults on its debt? ‘Financial Armageddon’ explained

Lawmakers on Capitol Hill are no strangers to 11th-hour negotiations, but the stakes are much higher this time. Here’s why. With less than a month before the United States runs out of money, President Joe Biden and House Speaker Kevin McCarthy were finally scheduled to have a quick, carefree chat …

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