What is the main reason for the urgency in reaching a deal on the debt ceiling?
Need to Come Up With a Debt Deal: Rep. Krishnamoorthi

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Business, Social Studies
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University
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Hard
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7 questions
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1.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
To prevent a default
To avoid a government shutdown
To reduce taxes
To increase government spending
2.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
According to the White House Press Secretary, what is the nature of the debt ceiling issue?
It is a political issue
It is a public relations problem
It is a constitutional duty
It is a financial crisis
3.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Why is it important for the US to reach an agreement on the debt ceiling in relation to China?
To maintain economic stability and competitiveness
To improve diplomatic relations
To reduce trade tariffs
To increase military spending
4.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What is the potential consequence of not raising the debt ceiling, according to the transcript?
Increased inflation
Undermining the dollar and governance
Economic growth
Improved international relations
5.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What is the stance of the US on Chinese companies with dual-use technology?
They should be monitored closely
They should be given tax incentives
They should be banned from doing business in the US
They should be encouraged to invest in the US
6.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What is one of the barriers to US-China defense talks mentioned in the transcript?
Trade tariffs
Visa restrictions
Language barriers
Sanctions on the Chinese defense minister
7.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What is a key consideration when deciding on research grants for individuals associated with the CCP?
Their financial contributions
Their level of membership in the CCP
Their academic achievements
Their political influence
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