The US government has a hard stop on how much money it can borrow. The ceiling exists to prevent the country from going into that vicious cycle. Since 1978, they've actually tweaked this ceiling at least every 9 months. So just remember that this matter, everyone is fretting about is way more common than you think.
If you’ve been hearing about the US debt ceiling crisis and wondering what on earth that is, fret not, in today’s episode for 28th April 2023, we’ll break it down for you.
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