: ‘This is an especially inopportune time to have a political debate over the debt limit,’ warns economist Mark Zandi

by | May 5, 2023 | Stock Market

Mark Zandi, chief economist at Moody’s Analytics, sounded an alarm before a Senate panel on Thursday over Washington’s ongoing debt-ceiling standoff, while a conservative expert testified that most Americans want President Joe Biden to talk with Republicans about some reductions in government spending. “This is an especially inopportune time to have a political debate over the debt limit,” Zandi told the Senate Budget Committee as it held a hearing on the Republican-run House’s debt-ceiling bill. “Recession…

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