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CNBCSep 14, 2026Local News

Why the election could make Washington's looming next fiscal crisis harder

Russell Vought is shown in an image caption at a White House meeting involving congressional leaders.

Why the election could make Washington's looming next fiscal crisis harder
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tl;dr

A projected 2027 debt-ceiling breach could become harder to resolve after the midterm elections, as lawmakers in both parties condition support on policy concessions or spending restraint.

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