Debt Ceiling Fallout
Jill on Money with Jill Schlesinger
00:00
The Debt Seiling - Is There More Volatility to Come?
The debt ceiling is set to be raised on October 17th. If the U.S. can't pay its debts, government workers could face furloughs and delays in social security checks going out. Ellen DeGeneres compared it to paying off a credit card: "We put it on a credit card, but we got to pay the credit card company" She said lifting the debt ceiling simply says we're paying the bill on an obligation we already agreed to.
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