The House Problem Solvers Caucus has proposed raising the debt ceiling through the end of 2023 to avoid default, and appointing a commission to get the nation’s fiscal house in order.
The scale of the problem is hard to fathom, but economists testifying at a recent congressional hearing tried to put it into perspective: A million dollars in $100 bills could fit in a backpack;…
This story from csmonitor.com was posted on 2023-05-10 by @sunbeam.