Debt Ceiling Doomsday Exasperated by Tax Revenue Shortfalls

The financial landscape in the US recently took an unexpected turn as predictions of the country reaching its debt ceiling came much sooner than anticipated, with warnings of potential default as early as June 1. The doomsday forecasts came on the back of a substantial shortfall in expected tax revenue for the current fiscal year. … Continue reading Debt Ceiling Doomsday Exasperated by Tax Revenue Shortfalls