The U.S. could default sooner than we thought
Update: 2023-05-01
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The Treasury Department announced today that the U.S. could default on its debt as early as June 1. For the past few months, House Republicans have used the debt limit as a bargaining chip to secure spending cuts. As the new deadline looms over us, we are wondering: Is there a way out? And, an unassuming Supreme Court case could change how a slew of laws are interpreted. Plus, video-chatting parrots make us smile.
Here’s everything we talked about today:
- “The Luring Test: AI and the engineering of consumer trust” from the Federal Trade Commission
- “U.S. must raise debt limit by as early as June 1 to avoid default, Treasury says” from The Washington Post
- “NASA’s Perseverance rover loses its hitchhiking ‘pet rock’ after more than a year together on Mars” from Live Science
- “Scientists Taught Pet Parrots to Video Call Each Other—and the Birds Loved It” from Smithsonian magazine
Have a comment or question about something we talked about? Send it our way! Leave us a voice message at 508-U-B-SMART or write to makemesmart@marketplace.org.
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