Marketplace®

Daily business news and economic stories
May 23, 2023

Which dominoes fall first if the debt ceiling is breached?

As negotiators try to avert a U.S. government debt default, there are questions about what spending would be first on the chopping block in a doomsday scenario. We look at how a potential debt limit breach could play out, starting with benefit checks and public sector salaries. Plus, a check-in with Dr. David Kelly, Chief Global Strategist at JPMorgan Funds, about how investors think the Fed should act at its next interest-rate-setting meeting. And finally, This is Uncomfortable host Reema Khrais tells us about the podcast’s most recent season delving into the business of women selling their eggs. 

Download
Which dominoes fall first if the debt ceiling is breached?
Alex Wong/Getty Images

Subscribe:

Segments From This Episode

The Team