If recent news headlines have left you typing what is the debt ceiling or why does the debt ceiling matter into Google's search bar, you're not alone.The federal government reached its self-imposed $31.4 trillion borrowing limit on January 19, and some House Republicans are threatening to not raise this limit unless Democrats agree to make major spending cuts-something the White House says it won't do.
#people #republicans #white-house #federal-government #house-republicans #authorization #interest-rates #johns-hopkins-university #financial-markets
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