Democrats and Republicans in Congress are negotiating frantically to cut a deal that would allow the U.S. Treasury to pay pay its creditors by August 2. That’s when Treasury Secretary Timothy Geithner has said the country could enter default if the debt ceiling isn’t raised from its current limit of $14.3 trillion.
We’d like to know: do you think a deal can be made in Washington? For more on the default crisis, read Mother Jones’ comprehensive debt ceiling explainer.
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Our journalists will continue to cover the twists and turns during this historic presidential election. With your help, we'll bring you hard-hitting investigations, well-researched analysis and timely takes you can't find elsewhere. Reporting in this current political climate is a responsibility we do not take lightly, and we thank you for your support.
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