The United States could face a debt-ceiling crisis as early as mid-February, according to an expert report out Monday.
The Bipartisan Policy Center (BPC) estimates that the nation will begin defaulting on its payment obligations between Feb. 15 and March 1, unless Congress raises the USD 16.4tln debt ceiling.
Coming on the heels of the "fiscal cliff" crisis, both sides are already gearing up for the next budget fight.
Full article: http://thehill.com/blogs/on-the-money/budget/275947-debt-ceiling-cliff-coming-feb-15-experts-say#ixzz2HKDplc7Z
07 Jan 2013 - 20:52 - Economic Commentary - Source: The Hill
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