Biden May Have to Act Unilaterally to Avoid Default, Khanna Says
While Congress has never allowed the US to default, the prospects for a near-term solution seem dim at the moment.
Hemanth Kumar
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(Bloomberg) -- The US will not default on its debt but the Biden administration might be forced to take unilateral action to head off a crisis, Representative Ro Khanna, a California Democrat, offering several possible executive maneuvers.
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