![US hits borrowing limit, kicking off fight between Republicans and Democrats – live](https://dailytalks.org/wp-content/uploads/2023/01/29201-us-hits-borrowing-limit-kicking-off-fight-between-republicans-and-democrats-live.jpg)
Biden and Democrats want to raise limit without conditionsWhat is the US debt ceiling and what happens if it isn’t raised?Sign up to receive First Thing – our daily briefing by emailUrban Institute economist Len Burman has a reality check for those in Congress flirting with not raising the debt ceiling.A default could undermine the America’s pre-eminence in global markets…
Read More