How the US debt ceiling crisis could cost science for years to come

President Joe Biden walks down a flight of stairs beside House Speaker Kevin McCarthy.

US President Joe Biden (left) has been talking with the speaker for the House of Representatives, Kevin McCarthy, about a way forward in debt-ceiling negotiations.Credit: Jabin Botsford/The Washington Post via Getty

The US government could run out of money as early as next week if lawmakers in Washington DC fail to reach an agreement to increase the federal debt limit. If the worst happens, economists warn, it would be the first time in history that the government has defaulted on paying its loans, and it could throw the country — and possibly the…

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News Source: www.nature.com


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