This is what would happen if we breach the debt ceilingQuicklink submitted by Amanda Lang Permalink
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|Want to make sure your calendar is clear when we hit the debt ceiling? Then don't schedule anything between Feb. 15 and March 1.
That, according to a new analysis by the Bipartisan Policy Center, is the likely range for debt-ceiling doomsday: The day when the Treasury Department runs out of room to maneuver and we actually begin to default on obligations. Either Congress figures out the debt ceiling before that date or things get very bad, very fast...
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