A Series of Climate Catastrophes Have Exacerbated the Debt Ceiling Crisis
As President Joe Biden tangles with Republican lawmakers over whether to raise the nation’s debt ceiling, a key question looms over the negotiations: When, exactly, will the U.S. government run out of money? No one knows the answer, but one factor is making it harder to pin down: climate change. A barrage of climate-fueled disasters has slowed down the pace of federal tax collection...