The August deadline for lifting the debt ceiling i... ...e debt ceiling is looming. Will the US government default on its loans? Has that ever happened before? Yes... ...ril and May. In other words, the U.S. Treasury defaulted on its securities even though Congress settled th...
https://www.neatorama.com/2011/07/29/that-time-in-1979-when-the-u-s-government-defaulted/
That Time in 1979 When the U.S. Government Defaulted
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