{"id":1934635,"date":"2023-05-20T06:26:04","date_gmt":"2023-05-20T10:26:04","guid":{"rendered":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/what-voters-fear-most-if-debt-ceiling-talks-fail-and-default-comes-knocking\/"},"modified":"2023-05-20T06:27:16","modified_gmt":"2023-05-20T10:27:16","slug":"what-voters-fear-most-if-debt-ceiling-talks-fail-and-default-comes-knocking","status":"publish","type":"post","link":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/what-voters-fear-most-if-debt-ceiling-talks-fail-and-default-comes-knocking\/","title":{"rendered":"Voters fear default if debt ceiling talks fail."},"content":{"rendered":"<aside class=\"mashsb-container mashsb-main mashsb-stretched\"><div class=\"mashsb-box\"><div class=\"mashsb-count mash-medium\" style=\"float:left\"><div class=\"counts mashsbcount\">16<\/div><span class=\"mashsb-sharetext\">SHARES<\/span><\/div><div class=\"mashsb-buttons\"><a class=\"mashicon-facebook mash-medium mash-nomargin mashsb-noshadow\" href=\"https:\/\/www.facebook.com\/sharer.php?u=https%3A%2F%2Fwww.conservativenewsdaily.net%2Fbreaking-news%2Fwhat-voters-fear-most-if-debt-ceiling-talks-fail-and-default-comes-knocking%2F\" target=\"_top\" rel=\"nofollow\"><span class=\"icon\"><\/span><span class=\"text\">Facebook<\/span><\/a><a class=\"mashicon-twitter mash-medium mash-nomargin mashsb-noshadow\" href=\"https:\/\/twitter.com\/intent\/tweet?text=&amp;url=https:\/\/www.conservativenewsdaily.net\/breaking-news\/?p=1934635&amp;via=ConservNewsDly\" target=\"_top\" rel=\"nofollow\"><span class=\"icon\"><\/span><span class=\"text\">Twitter<\/span><\/a><a class=\"mashicon-subscribe mash-medium mash-nomargin mashsb-noshadow\" href=\"#\" target=\"_top\" rel=\"nofollow\"><span class=\"icon\"><\/span><span class=\"text\">Subscribe<\/span><\/a><div class=\"onoffswitch2 mash-medium mashsb-noshadow\" style=\"display:none\"><\/div><\/div>\n            <\/div>\n                <div style=\"clear:both\"><\/div><\/aside>\n            <!-- Share buttons by mashshare.net - Version: 4.0.47--><h2>Debt Ceiling Negotiations: Will America Default?<\/h2>\n<p>It&#8217;s a tense time in Washington as President Joe Biden and House Speaker Kevin McCarthy (R-Calif.) try to negotiate a solution to the <a href=\"https:\/\/www.conservativenewsdaily.net\/breaking-news\/top-democrat-admits-congress-can-raise-debt-limit-through-reconciliation-how-would-it-work\/\" title=\"Top Democrat Admits Congress Can Raise Debt Limit Through Reconciliation. How Would It Work?\">looming <a href=\"https:\/\/www.conservativenewsdaily.net\/breaking-news\/even-with-full-control-of-government-democrats-massive-wish-list-is-stalling\/\" title=\"Even With Full Control Of Government, Democrats\u2019 Massive Wish List Is Stalling\">debt ceiling<\/a> crisis<\/a>. While both leaders have expressed confidence that a default can be avoided, the markets are still jittery and voters are understandably nervous about the potential consequences of a failure to meet our debt obligations.<\/p>\n<h3>What&#8217;s at Stake?<\/h3>\n<p>If America were to default on its debt, the consequences could be catastrophic. Interest rates would skyrocket, <a href=\"https:\/\/www.conservativenewsdaily.net\/breaking-news\/what-voters-fear-most-if-debt-ceiling-talks-fail-and-default-comes-knocking\/\" title=\"Voters fear default if debt ceiling talks fail.\">causing borrowing costs<\/a> to soar for individuals, businesses, and the government. The value of the dollar would plummet, leading to inflation and a weakened economy. And the <a href=\"https:\/\/www.conservativenewsdaily.net\/breaking-news\/dogecoin-rallies-after-launching-on-coinebase-pro-dogefather-elon-musk-retweets-inevitable-meme\/\" title=\"Dogecoin Rallies After Launching On Coinebase Pro, \u2018Dogefather\u2019 Elon Musk Retweets \u2018Inevitable\u2019 Meme\">global financial system<\/a> could be thrown into chaos, with ripple effects felt around the world.<\/p>\n<h3>Why the Tension?<\/h3>\n<p>The debt ceiling has become a political football in recent years, with both parties using it as a bargaining chip in budget negotiations. Republicans have traditionally been more resistant to raising the ceiling, arguing that it&#8217;s a way to rein in government spending. Democrats, on the other hand, have been more willing to raise the ceiling in order to avoid a default and the economic fallout that would come with it.<\/p>\n<h3>What&#8217;s Next?<\/h3>\n<p>As the negotiations continue, it&#8217;s important for both sides to remember the stakes involved. The debt ceiling isn&#8217;t just a political issue \u2013 it&#8217;s a matter of economic stability and <a href=\"https:\/\/www.conservativenewsdaily.net\/breaking-news\/bidens-concerning-foreign-policy\/\" title=\"Biden\u2019s Concerning Foreign Policy\">global security<\/a>. Let&#8217;s hope that our leaders can come to a solution that avoids a default and protects the financial well-being of our nation and the world.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Despite reassurances from President Biden and House Speaker McCarthy that debt ceiling negotiations won&#8217;t lead to a damaging default, markets and voters remain anxious about the potential consequences of a failure to meet America&#8217;s debt obligations.<\/p>\n","protected":false},"author":118,"featured_media":1934636,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_mo_disable_npp":"","fifu_image_url":"https:\/\/cndimages.nyc3.digitaloceanspaces.com\/breaking-news\/wp-content\/uploads\/2021\/01\/IMG_2758-scaled-1.jpg","fifu_image_alt":"","footnotes":""},"categories":[543],"tags":[10142,5487,15651,10875,5466,3745,4223],"class_list":["post-1934635","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-the-epoch-times","tag-ceiling","tag-debt","tag-default","tag-fail","tag-fear","tag-talks","tag-voters"],"fifu_image_url":"https:\/\/cndimages.nyc3.digitaloceanspaces.com\/breaking-news\/wp-content\/uploads\/2021\/01\/IMG_2758-scaled-1.jpg","_links":{"self":[{"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/posts\/1934635","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/users\/118"}],"replies":[{"embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/comments?post=1934635"}],"version-history":[{"count":0,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/posts\/1934635\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/media\/1934636"}],"wp:attachment":[{"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/media?parent=1934635"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/categories?post=1934635"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/tags?post=1934635"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}