Politics

Fiscal Crisis and Midterm Elections

Updated 2026-09-14 10:25 UTC 1 source Negative

CNBC warns that the upcoming midterm elections could make Washington's looming fiscal crisis harder to resolve, as some Republicans are already disavowing raising the debt ceiling without deep spending cuts.

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CNBC
Some in the GOP are already disavowing raising the debt ceiling absent deep spending cuts as the national debt balloons past $40 trillion.
2026-09-14 10:00 UTC
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