The DO

The Fiscal Responsibility Act of 2023: What is it, and how does it impact health care?

By The DO Staff

08.04.23

In May 2023, the White House released a summary suggesting that the United States was rapidly approaching the date at which the government could no longer pay its bills, called the X-date. This date was critical because an actual breach of the debt ceiling—meaning the U.S. defaulting on its debts—would have been highly detrimental to physicians, patients, and the overall U.S. economy.

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