Debt ceiling impasse causing anxiety and harm to Americans.

1 min read
Source: The Washington Post
Debt ceiling impasse causing anxiety and harm to Americans.
Photo: The Washington Post
TL;DR Summary

Federal workers are seeking guidance from the Biden administration on what a debt ceiling calamity might mean for their millions of members, but so far, the official answer has been consistent: We have nothing to tell you. Talks between the White House and House Republicans to raise the country’s borrowing limit approach a June 1 deadline, when the Treasury Department warns that the government might no longer be able to pay its bills. If a default happens, the government could halt many day-to-day operations, from staffing national parks at the start of tourist season to research on the newest coronavirus vaccines at the National Institutes of Health.

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