FACTBOX-How could America's debt ceiling showdown play out? - Reuters

11:02am PDT - October 5th, 2021    mitch mcconnell - Reuters

The U.S. Congress is locked in a standoff that risks triggering a financial and economic meltdown if lawmakers don't raise a limit on government borrowing before Oct. 18, the day the U.S. Treasury could run out of cash for paying government bills.