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Debt Ceiling Fallout

Jill on Money with Jill Schlesinger

00:00

What You Need to Know About the Debt Seiling

The last time we came close to hitting the debt seiling, that is when stocks fell by 14 cent in four weeks. Even if the united states were to delay or miss a bond payment, even if that crater markets, chances are the dumdums in congress would come back and raise the debt ceiling. So anyway, we e hope that we don't get there. I hope this is all really just academic and a bit of a history lesson rather than anything significant. But regardless, cold keep an eye on it.

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