2025 United States Debt-Ceiling Crisis

2025 United States Debt-Ceiling Crisis. A default on united states government debt owing to the debt ceiling isn’t likely, but should one happen, here’s what the damage could look like. Over the weekend, president joe biden and house speaker kevin inked a deal that would suspend the debt ceiling until 1 january 2025 and also secure modest spending cuts.


2025 United States Debt-Ceiling Crisis

The debt ceiling is the limit placed by congress on the amount of debt the government can. And a default risks global market turmoil.

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