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Chances of a Shutdown Increase While U.S. Economy at Weaker than 2011 Downgrade

Chances of a Shutdown Increase While U.S. Economy at Weaker than 2011 Downgrade

Published 2 years, 7 months ago
Description
With some House Republicans fighting over a temporary spending agreement between Speaker McCarthy and President Biden, we could see a government shutdown. Goldman Sachs recently put the odds at 90%. While we have survived the closing down of our federal government before, this comes at a time when the U.S. economy is at a very weak point; even worse than when we were downgraded in 2011.
Swiss America CEO Dean Heskin and Chris Agelastos take a deep dive into what's happening and what it really means to you on the Secret War on Cash

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