America’s debt ceiling: What happens if Congress fails to raise it? — from CMI Gold & Silver

In October, the US government will be unable to pay it bills if Congress does not raise the debt ceiling.  The debt ceiling is the legal cap that Congress sets on the amount that the Treasury can borrow. Since 1960, the debt ceiling has been raised 78 times. During Donald Trump’s presidency, the ceiling was
The post America’s debt ceiling: What happens if Congress fails to raise it? first appeared on CMI Gold & Silver.

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