Washington is ‘playing a dangerous game with the debt limit,’ and ‘Americans would pay for default for generations, says Moody’s Zandi
September 21, 2021 at 16:02 PM EDT
Moody's Analytics economists Mark Zandi and Bernard Yaros think that politicians are playing a dangerous game of brinkmanship with the U.S. government's debt limit, which could result in long-term harm for the economy just as it is struggling to recover from the COVID pandemic.