{"id":21493,"date":"2021-09-21T02:12:33","date_gmt":"2021-09-21T02:12:33","guid":{"rendered":"http:\/\/cryptospotters.net\/?p=21493"},"modified":"2021-09-21T02:12:33","modified_gmt":"2021-09-21T02:12:33","slug":"white-house-warns-of-economic-catastrophe-without-debt-dealunited-states-canada-south-china-morning-post","status":"publish","type":"post","link":"http:\/\/cryptospotters.net\/?p=21493","title":{"rendered":"White House warns of \u2018economic catastrophe\u2019 without debt dealUnited States &amp; Canada &#8211; South China Morning Post"},"content":{"rendered":"<p>Source: United States &amp; Canada &#8211; South China Morning PostUS President Joe Biden\u2019s administration is warning of a \u201ceconomic catastrophe\u201d if the US Congress fails to increase the nation\u2019s borrowing limit.But Republicans have vowed to withhold support for raising the debt ceiling \u2013 forcing Democrats in the majority to bear the political costs alone.US Treasury Secretary Janet Yellen has warned that without an increase the government will run out of cash to fund operations and pay its debts sometime in October.\u201cThe US has never defaulted. Not once. Doing\u2026<a href=\"https:\/\/www.scmp.com\/news\/world\/united-states-canada\/article\/3149499\/white-house-warns-economic-catastrophe-without-debt?utm_source=rss_feed\">Read More<\/a><\/p>","protected":false},"excerpt":{"rendered":"<p>Source: United States &amp; Canada &#8211; South China Morning PostUS President Joe Biden\u2019s administration is warning of a \u201ceconomic catastrophe\u201d if the US Congress fails to increase the nation\u2019s borrowing&hellip; <\/p>\n","protected":false},"author":0,"featured_media":21494,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":[],"categories":[1],"tags":[],"_links":{"self":[{"href":"http:\/\/cryptospotters.net\/index.php?rest_route=\/wp\/v2\/posts\/21493"}],"collection":[{"href":"http:\/\/cryptospotters.net\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"http:\/\/cryptospotters.net\/index.php?rest_route=\/wp\/v2\/types\/post"}],"replies":[{"embeddable":true,"href":"http:\/\/cryptospotters.net\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=21493"}],"version-history":[{"count":0,"href":"http:\/\/cryptospotters.net\/index.php?rest_route=\/wp\/v2\/posts\/21493\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"http:\/\/cryptospotters.net\/index.php?rest_route=\/wp\/v2\/media\/21494"}],"wp:attachment":[{"href":"http:\/\/cryptospotters.net\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=21493"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"http:\/\/cryptospotters.net\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=21493"},{"taxonomy":"post_tag","embeddable":true,"href":"http:\/\/cryptospotters.net\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=21493"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}