If the Government Defaults, Here Are the Payments at Risk
The GOP and Democrats can't reach an agreement - so far
In a matter of days, the United States could fall behind on its financial obligations unless Congress and the White House break a deadlock over the debt limit and allow more borrowing.
The Treasury Department is up against the $31.4 trillion debt limit.
Without a resolution, the Treasury will not be able to fulfill all of its payments: The government will still collect revenue, mainly through taxes, but it won't have enough to cover a large portion of its expenses until lawmakers raise the debt ceiling. (The U.S. spends more money than it takes in most years, which means it needs to keep borrowing.)
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