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Senate Budget Committee Issues Testimony From Moody's Analytics Chief Economist Zandi
May 15, 2023
WASHINGTON, May 15 -- The Senate Budget Committee issued the following written testimony by Moody's Analytics Chief Economist Mark Zandi involving a hearing on May 4. 2023, entitled "The Default on America Act: Blackmail, Brinkmanship, and Billionaire Backroom Deals":

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The Treasury debt limit is fast becoming a serious threat to our economy. With April tax receipts coming in weaker than expected, at least so far, it appears that the X-date, when the U.S. . . .

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