Analysis: Economists Disagree on Fallout of Breaking US Debt Ceiling

The United States will reach its statutory debt ceiling sometime between July and September unless Congress raises it. If the ceiling is reached, what happens next?
The answer depends on which economist you ask.
The Epoch Times spoke with four authorities, and their answers varied from mild repercussions to economic disaster.
Here’s a survey of the problem facing the nation and the possible results of reaching the debt ceiling.
How We Got Here
The debt ceiling is the statutory limit on the amount of debt the government is authorized to hold at any one time.
It was established in 1917 when the country started selling war bonds to finance U.S. involvement in World War I and has been raised 78 times since 1960….}