The White House Just Confirmed Why We Have a VIP Membership
Republicans Sound the Alarm Over Biden's Latest Partnerships With the World Health Organiz...
The Biden Admin's Failing Foreign Policy Embarrasses America Again
Biden Breaks Silence on Pro-Terrorist Student Unrest
Speaker Mike Johnson's Popularity Is Soaring...Among Democrats
KJP Stutters When Questioned About Who Is Funding the Pro-Hamas College Protests
Hundreds of UCLA Students Convert to Islam, Pray to Allah
A ‘Trans’ Athlete Will Compete in a Women’s Water Polo Championship, Again.
Pro-Hamas Protests Create Headache for Vulnerable Dem Incumbent Sen. Jon Tester
How Excited Should We Really Get Over This Michigan Poll?
NYPD Patrol Chief Has Best Response to City Official Upset Over Crackdown on...
A Fifth Body From the Baltimore Bridge Collapse Was Recovered
Senate Republicans Make Their Thoughts About Biden's Plan to Accept Palestinian Refugees K...
Another Country Severs All Diplomatic Ties With Israel
House Passes Bill Codifying Definition of Antisemitism
OPINION

Debt ceiling delay: Gun shot to the economy

The opinions expressed by columnists are their own and do not necessarily represent the views of Townhall.com.
Advertisement
Advertisement
Advertisement
NEW YORK (CNNMoney) -- No one knows what will happen to the economy if lawmakers fail to reach a debt ceiling deal by Aug. 2.

Except this: It won't be good.

Advertisement

For starters, interest rates could shoot up and stock prices could plummet -- leaving Americans less well off and less willing to spend, to say nothing of having less economic confidence going forward. The same goes for business owners and investors.

Join the conversation as a VIP Member

Recommended

Trending on Townhall Videos