.BarackObama-era debt ceiling negotiation advisers say spending fight worst since 2011
Both former advisers agree that despite there being contentious moments and a near-disaster in the 2011 negotiations, circumstances now make the outlook far bleaker.“There’s the potential for it to be very bad,” David Kamin, the former deputy director of the National Economic Council under President Joe Biden, told Politico. “We’re back here, and there’s a real risk to the economy on the line.
Pfeiffer added that he is"not sure that [Kevin] McCarthy understands that, that McCarthy cares, that McCarthy would value the full faith and credit of the United States over his own job.”
France Dernières Nouvelles, France Actualités
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