What would happen to contractors in case of a debt default?

Published: May 16, 2023, 1:42 p.m.

b"Debt default would seem, in some ways, like a government shutdown. But it's not. The government is fully appropriated for the rest of fiscal 2023. It is the money to roll over Treasury bills coming due that the government would not have. None of this is to say things would be hunky dory for contractors. For an assessment, Federal Drive host Tom Temin spoke to David Berteau, the President and CEO of the Professional Services Council.\\nLearn more about your ad choices. Visit megaphone.fm/adchoices"