Monday, October 26, 2015

NPR News: What Happens If Congress Doesn't Raise The Debt Ceiling?

What Happens If Congress Doesn’t Raise The Debt Ceiling?
Congress is running up against a deadline to raise the debt ceiling, and Treasury Secretary Jack Lew says that risks “manufacturing a crisis for our country.” What is the debt ceiling anyway? And what happens if the U.S. hits it?

Read more on NPR


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