CNN.com - RSS Channel - HP HeroWhite House explored making payments after debt-ceiling breach

Senior White House officials explored whether the US could unilaterally continue payments should the debt ceiling be breached in mid-October but ultimately concluded it would not be possible to avoid default and economic catastrophe, a person with direct knowledge of the matter tells CNN.

October 02, 2021 at 12:23AM https://ift.tt/2WzIdan White House officials explored whether the US could unilaterally continue payments should the debt ceiling be breached in mid-October but ultimately concluded it would not be possible to avoid default and economic catastrophe, a person with direct knowledge of the matter tells CNN.