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2023 United States debt-ceiling crisis: Difference between revisions
2023 United States debt-ceiling crisis (view source)
Revision as of 19:08, 25 May 2023
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* Premium Bonds: the government would renew old, expiring bonds at higher coupon rates. Doing so would not technically add to the nation’s debt. But even some proponents of premium bonds acknowledge that it could face legal challenges or damage the United States’ reputation in the eyes of investors. <ref>https://www.nytimes.com/2023/05/09/us/politics/debt-limit-coins-bonds-workarounds.html</ref> | * Premium Bonds: the government would renew old, expiring bonds at higher coupon rates. Doing so would not technically add to the nation’s debt. But even some proponents of premium bonds acknowledge that it could face legal challenges or damage the United States’ reputation in the eyes of investors. <ref>https://www.nytimes.com/2023/05/09/us/politics/debt-limit-coins-bonds-workarounds.html</ref> | ||
* The 14 Amendment: would leverage a clause in the Constitution that says that the validity of public debt should not be questioned. The move would draw an immediate court challenge and could sow uncertainty in the bond market<ref>https://www.nytimes.com/2023/05/09/us/politics/debt-limit-coins-bonds-workarounds.html</ref> | * The 14 Amendment: would leverage a clause in the Constitution that says that the validity of public debt should not be questioned. The move would draw an immediate court challenge and could sow uncertainty in the bond market<ref>https://www.nytimes.com/2023/05/09/us/politics/debt-limit-coins-bonds-workarounds.html</ref> | ||
=== Fitch Negative Rating Watch === | |||
== Republicans Bill == | == Republicans Bill == | ||