Khanna: Biden may have to take unilateral action to prevent debt crisis ...Middle East

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Rep. Ro Khanna (D-Calif.) suggested on Monday that President Biden may have to take unilateral action to prevent a crisis over the debt ceiling. “I think we’re going to have a rocky time,” Khanna told Bloomberg News. “It’s not great for the political system, but at the end of the day I don’t think the United States is going to default.” “The question is whether it’s going to come to unilateral action by the executive branch,” he said, adding, “I hope it doesn’t.” The U.S. hit its debt ceiling on Thursday, prompting the Treasury Department to implement “extraordinary measures” to prevent the government from defaulting on its debt. These measures should give Congress until early Ju

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Khanna: Biden may have to take unilateral action to prevent debt crisis ...Middle East

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