If you're not quite sure what the debt ceiling is, then this is the perfect video for you. In this quick, short video you learn everything you need to know about the debt ceiling. We also briefly look at what a government bond is and how those relate to the debt ceiling. Next we talk about what happens when the U.S. government’s national debt levels bump up against this debt ceiling and what risks there are if the United States defaulted. Then we talk about current events from this past October and how we will face this debt ceiling conversation in December again. Lastly, we look at the pros and cons of the debt ceiling and look at each viewpoint to see what the different opinions are on the topic.

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