Name: Clock ticking toward expiration of nation's debt limit
Uploaded: 2023-05-12T22:37:04Z
Channel: TEGNA

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Clock ticking toward expiration of nation's debt limit

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The clock is ticking toward the expiration of the nation's debt limit. Without Congressional action, that deadline could arrive on June 1. U.S. Sen. Tim Kaine (D-Virginia) said allowing the country to go into default is "foolish." On Wednesday, Kaine said failure to raise the debt ceiling and pushing the country into default would hurt everyday people, drive up interest rates, and send the economy into a "significant recession." MORE: https://bit.ly/41tGkHv ►Subscribe: https://on.wtsp.com/youtube ►Website: https://www.wtsp.com/ ►Facebook: https://facebook.com/10TampaBay ►Twitter: https://twitter.com/10TampaBay

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WTSP

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nation-world news

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