Sentences with phrase «debt ceiling breach»

The House has no budget and no specific plan for preventing a government shutdown or debt ceiling breach as it heads into its August recess.

At the end of the day, though, the biggest threat to Canada might likely come not from financial markets, but from what a debt ceiling breach would do to U.S. consumer and business confidence and thus the pace of growth south of the border.

Not exact matches

Even a debt - ceiling breach of a week or two during which the U.S. Treasury keeps making principal and interest payments to bond holders might hurt the U.S.'s rating.

It still makes sense, then, to ask: How would a debt - ceiling breach play out in Canada?