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Happy Saturday, folks. I'm Phil Rosen, it's good to see you today.
As we've talked about all week, there's a looming debt-ceiling deadline right around the corner, and unless lawmakers get their act together, financial markets could soon be in for a world of pain.
Today I'm eager to share my conversation with a top personal finance and economy expert from Bankrate.
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Howdy readers. I'm Phil Rosen, writing to you from New York City.
The Oval Office is no stranger to high drama, but Tuesday's meeting held particular gravity — President Joe Biden met with House Speaker Kevin McCarthy and other congressional leaders to hash out debt-ceiling particulars.
As expected, the rendezvous produced nothing definitive as far as conclusions.
In any case, one outcome that many hold with a high degree of certainty is that financial markets are going to feel pain if the "x-date" bell tolls.
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