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Will it take a market crash for Congress to raise the debt limit?

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Will it take market crash for Congress to raise debt limit?

Photo caption: FILE – President Joe Biden speaks about the February jobs report from the Roosevelt Room of the White House, March 10, 2023 […] Photo credit: AP Photo / Evan Vucci, File. © Provided by The Associated Press. Article by Josh Boak and Christopher Rugaber. MSN – March 11, 2023. Source: AP News.

WASHINGTON (AP) — There’s one way to force President Joe Biden and Congress to solve the looming crisis over the debt limit: a financial market crash. That’s a view held by several economists and a former White House official, mindful that Congress rarely acts unless an emergency forces lawmakers to. […]