Just hours after the federal government shut down, the White House is already worrying about how Congress will handle the next economic crisis when the debt ceiling needs to be raised in just a few weeks.
“Their strategy seems to be to do what they’ve done for the funding of government to the issue of whether or not the U.S. government will pay its bills,” Jay Carney, White House press secretary, said Tuesday on MSNBC’s “Morning Joe.” “The consequences of that are unknowable, but they are catastrophic, without question.”
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The government would default and no longer be able to pay its bills on Oct. 17 if the debt ceiling is not raised.
