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Time for Some Game Theory
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Time for Some Game Theory

Playing chicken with the federal debt ceiling.

May 02, 2023
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Time for Some Game Theory
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Good Morning.

Rhinoceros chair

President Biden has invited House Speaker Kevin McCarthy, along with Senate leaders, to the White House to discuss options for avoiding a default on federal debt. The news comes as Treasury Secretary Janet Yellen announced that the federal government’s extraordinary measures to maintain payments may run out of gas as early …

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