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China is in default on a trillion dollars in debt to US bondholders Will the US force repayment?

China is in default on a trillion dollars in debt to US bondholders Will the US force repayment?
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United kingdomUnited statesJoe bidenKevin mccarthyNational debtNational debt of the united states

How does the US debt limit standoff end? A look at the possible scenarios

WASHINGTON (AP) — Just how does this debt limit standoff end?

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Yellen warns of a crisis as US debt ceiling deadline approaches

US president Biden will meet with House speaker McCarthy as Washington looks to avoid a default

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From economic sleight of hand to stark reality

Too much government debt is bad for many reasons, no matter how many times politicians try to portray it as government investment.

United statesUnited kingdomSaudi arabiaNorth koreaCongressional budget officeFederal reserveWorld warBretton woods agreementMonetary hegemonyEconomic integrationEconomic globalizationChinese yuanWorld currencyUnited states dollarNational debt of the united statesDeficit reduction in the united states

Biden s had many surprises this term — the budget crisis isn t one of them

We have known for many years that the federal budget is on an unsustainable path, yet elected leaders of both parties have delayed, dodged or simply ignored the warnings.

United statesPresident state of the unionCongressional budget officeUnion addressWorld warSocial securityMedicare hospital insuranceGovernment spendingUnited states federal budgetDeficit spendingSocial security trust fundDeficit reduction in the united statesNational debt of the united statesDonald trumpJoe biden

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