What is the National Debt?
Civics 101
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The National Debt Ceiling
We are one of the only countries with a debt ceiling. Is there any kind of regulatory limit on how high our debt can go? That brings us to a little thing called the debt sealing and we'll get to that after the break. And real quick before the break, if you're the kind of person who would enjoy a simpson's reference to the national debt versus deficit,. That's the sort of stuff we put in our bi weekly news letter. Just don't break it unless it's glass.
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