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Partisan politics over the government debt ceiling has put the US on the verge of economic disaster

Swers, Michele (2021) Partisan politics over the government debt ceiling has put the US on the verge of economic disaster. USApp – American Politics and Policy Blog (05 Oct 2021). Blog Entry.

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Abstract

With no agreement yet reached by Congress over raising the US government’s borrowing limit, the country will effectively run out of money to pay its debts on October 18th. Michele Swers gives an overview of the lead-up in Congress to the current impasse over the debt ceiling, and how partisans are grasping at procedural tools such as reconciliation, invoking the 14th amendment, or even minting a $1 trillion coin to overcome the deadlock.

Item Type: Online resource (Blog Entry)
Official URL: https://blogs.lse.ac.uk/usappblog/
Additional Information: © 2021 The Author
Divisions: LSE
Subjects: H Social Sciences > HV Social pathology. Social and public welfare. Criminology
J Political Science > JK Political institutions (United States)
H Social Sciences > HJ Public Finance
Date Deposited: 10 Dec 2021 14:27
Last Modified: 10 Dec 2021 14:27
URI: http://eprints.lse.ac.uk/id/eprint/112897

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