Sunday shows preview: Lawmakers gear up for fight on debt ceiling ...Middle East

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Sunday shows preview: Lawmakers gear up for fight on debt ceiling
source : The Hill ( Middle East ) () 35
With the U.S. reaching its borrowing limit this week, the looming fight over the debt ceiling is likely to dominate discussions on this Sunday’s morning talk shows. The nation’s debt surpassed $31.4 million on Thursday, breaching the limit that Congress had previously put in place and leading the Treasury Department to begin employing “extraordinary measures” to prevent the U.S. government from defaulting on its debt. The measures, which Treasury Secretary Janet Yellen estimated would last through early June, provide Congress with additional time to address the debt ceiling. If lawmakers fail to raise the debt limit and the U.S. defaults, it could trigger a global economic crisis.

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