(MENAFN- Investor Brand Network) The past few weeks have been filled with talks about the U.S. debt ceiling and what would happen if the government defaults on its debt. The
federal debt ceiling
places a hard limit on the amount of money the federal government is allowed to borrow to meet obligations such as national defense, tax refunds and Social Security payments.
Every few years, lawmakers have voted to raise the u.s. debt ceiling to prevent the country from defaulting on its debt, with the...
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