U.S. default could begin June 8 without agreement, top economist tells Congress

Congress has eight working days with both chambers in session before Memorial Day, and negotiations appear non-existent.

By: - May 4, 2023 4:04 pm

Mark Zandi of Moody’s Analytics testifies before the Senate Budget Committee on May 4, warning that unless Congress takes action, the U.S. Treasury likely will begin to default on its debts in a little over a month. (Courtesy of U.S. Senate/senate.gov)

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Ashley Murray
Ashley Murray

Ashley Murray covers the nation’s capital as a senior reporter for States Newsroom. Her coverage areas include domestic policy and appropriations.