Treasury Computers News Today : Breaking News, Live Updates & Top Stories | Vimarsana

affair heats up as russia announces a new set of sanctions targeting trump critics. and stacey abrams joins me. we begin tonight with the old bait and switch, we're one week away from a potential default on the national debt, every economic expert agrees would be catastrophic for our economy resulting in millions of americans becoming unemployed. interest rates on your homes, cars and credit cards shooting through the roof and a major punishing recession, a meeting between president biden and house speaker mccarthy at the white house is still ongoing as the clock ticks down to find...

The economy if we don't pay for that tax cut now? >> i think we all know what would happen if we defaulted on our mortgage, if we tried to get another mortgage we'd have to pay a premium, a higher interest rate to compensate the lender for the risk that we might default again. that's what's going to happen if we default on our debt next week. the united states government the treasury department will pay higher interest rates forever. we turnly have experience with this in 1979, there was a technical default because the treasury computers didn't work properly. ten years later, economists calcul...

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