Bipartisan group projects U.S. default as soon as early June, citing ‘quite low’ cash flows

By: - May 9, 2023 1:30 am
(Getty Images photo)

If the United States were to default for the first time in its history, it would likely mean delays in federal payments for hundreds of programs, including Social Security, Medicare, Medicaid, veterans’ benefits and federal employee salaries.  (Getty Images)

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Jennifer Shutt
Jennifer Shutt

Jennifer covers the nation’s capital as a senior reporter for States Newsroom. Her coverage areas include congressional policy, politics and legal challenges with a focus on health care, unemployment, housing and aid to families.

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