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Why the debt ceiling agreement will ultimately be hollow

By James Rogan

Published May 19, 2023 6:00am ET

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Why the debt ceiling agreement will ultimately be hollow — "Policymakers should address the debt limit well in advance of the 'X-Date' range if they want to guarantee that the Treasury can continue to pay all of its bills in full and on time," said Shai Akabas, the group's fiscal policy director. (AP Photo/Jacquelyn Martin, File) | Jacquelyn Martin

Why the debt ceiling agreement will ultimately be hollow

By

May 19, 2023 06:00 AM

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