Debt Ceiling Standoff 2021: What It Means for Investors

The debt ceiling or debt limit is a law that determines how much debt the U.S. Treasury can issue. Constant budget deficits require the Treasury to issue more debt in order for the Federal government to pay its bills. If the debt ceiling causes the Treasury to default on its debt, it could lead to catastrophic results. Learn why the debt ceiling is important and what might happen if it isn’t raised.

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Видео Debt Ceiling Standoff 2021: What It Means for Investors канала Charles Schwab