The Multifaceted Implications of the U.S. Debt Ceiling
Understanding the Debt Ceiling The U.S. debt ceiling, also known as the debt limit, is a cap set by Congress on the amount of money that the federal government is authorized to borrow to meet its existing legal obligations. This includes obligations such as Social Security payments, salaries for military personnel, interest on the national… Read More »The Multifaceted Implications of the U.S. Debt Ceiling