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What does the U.S. debt limit battle mean for Colorado?

As federal brinksmanship continues over the country’s debt limit, state officials are trying to keep nerves calm. Federal officials have warned the country could start defaulting on its debt as soon as June 1 if Congress doesn’t authorize more borrowing. House Republicans have sought to leverage their slim majority for spending limits and rein in unspent COVID relief money, while national Democrats haggle over what those caps would mean. Meanwhile, some of Colorado’s top Democrats in Washington, D.C., have likened the fight to a “manufactured crisis” and “holding guns at each other’s heads,” as U.S.

 

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