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According to President Joe Biden, which ‘meteor headed to crash’ into the US economy?

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According to President Joe Biden, which ‘meteor headed to crash’ into the US economy?

Joe Biden denounced “reckless” Republicans for pushing the US government towards a historic debt default in a televised address on Monday, Oct. 4, 2021, warning: “A meteor is headed to crash into our economy.”_x000D_

When did the US ever default on its debt?

_x000D_The US Treasury has said it will be unable to pay its bills by around Oct. 18, 2021, unless Congress raises the current debt limit of $28.4 trillion. Failure could trigger the first US default in modern history.

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