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If America defaults on its debt, how will North Carolinians be impacted?

The latest discussions over thwarting the expiration of the debt ceiling are going down to the wire. An agreement apparently reached between President Biden and House Speaker Kevin McCarthy must still meet approval by Republicans and Democrats in Congress but the deadline for going into default is now June 5. Even if this agreement takes hold, we’ll face a similar crisis in 2024. Why do we keep doing something so important the same way over and over?
White House District Of Columbia United States John Connaughton Mark Vitner Michael Bitzer
Source: wfae.org

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