Wednesday, May 10, 2023

Leading Economic Experts Warn of Severe Consequences Ahead of President’s Meeting on Debt Ceiling

"We can't afford to undo the extraordinary economic progress we've made in the last two years. President Biden should not agree to negotiate a deal on the debt ceiling that increases unemployment or slows growth – not when there are a myriad of easier and softer ways to avoid default." "We're at a 53-year record low in unemployment. It would be an incredible tragedy to undermine the gains that we're finally seeing in the labor market, particularly for marginalized workers."…


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