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Debt Ceiling Current: All Explained

News Explained, Politics / By

The debt ceiling, a crucial aspect of fiscal policy, is the maximum amount of debt the US government can incur. It is set by Congress and serves as a limit on borrowing. When the debt ceiling is reached, the government must take measures to avoid defaulting on its obligations. This article will delve into the current state of the debt ceiling and its implications. Stay informed!

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