The Looming Debt Ceiling Crisis: Seniors, Investors, and Democrats on Edge.

Investors and retirees are worried about the debt ceiling showdown and the potential financial impact it could have. However, financial experts advise against making rash decisions based on fear. Instead, they recommend holding onto ultra-safe savings bonds, not giving up on the stock market, building a cash cushion, getting rid of debt, and diversifying investments. While there is concern about the government's spending habits, this conflict is about spending that has already been approved, and it is important to maintain consumer confidence during a time when the Federal Reserve is battling inflation and there is concern about a potential recession.