As debt limit talks stall, Americans want answers
There are just days left before the government could run out of cash to pay its bills, and Americans like Scott Jester say they’re tired of partisan politics. “The criminal part of it is they are jazzing the whole world up over an issue that could be resolved very quickly, if they did their job,” Scott said. The 63-year-old live in Columbus, Ohio and sells flooring materials. Once a routine job, Congress’ vote to raise the debt ceiling allows the Treasury Department to continue borrowing money to pay the nation’s bills. But if a compromise isn’t reached by June 1, the country could default on its debt. Officials estimate more than 8 million people could lose their jobs and the economy could nosedive into a recession.
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In just days, the U.S. government could run out of cash to pay its bills. Here's a look at the current state of debt ceiling negotiations and why they are happening.
