What the U.S. Debt Ceiling Limit Means for Your Finances

The U.S. government is in danger of intentionally defaulting on its debt obligations for the first time in its history.  The Biden Administration and the House of Representatives, which is controlled by Republicans and led by Speaker Kevin McCarthy, must agree to raise the country’s legal borrowing limit — known as the debt limit or

The post What the U.S. Debt Ceiling Limit Means for Your Finances appeared first on Money Crashers.

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