The US government often borrows so much money that it approaches a limit it has placed on itself. What happens if they don't raise the debt ceiling? Why does the debt ceiling exist?
References
Berman, N. (2023, January 20). What happens when the U.S. hits its debt ceiling? Council on Foreign Relations. [ Ссылка ]
Bipartisan Policy Center. (2023). The debt limit through the years . Bipartisanpolicy.org. [ Ссылка ]
Elving, R. (2023, January 21). Why we have a debt ceiling, and why this trip to the brink may be different. NPR. [ Ссылка ]
Holland, S. (2023, May 9). Republicans defiant after Biden debt ceiling meeting. Reuters. [ Ссылка ]
Kurtzleben, D. (2023, January 18). 4 ways around a debt ceiling crisis — and why they might not work. NPR.org. [ Ссылка ]
Lacalle, D. (2023, February 20). Lifting the debt ceiling Is not a social policy. Mises Institute. [ Ссылка ]
Reuters Staff. (2011, July 11). FACTBOX -The day the U.S. (technically) defaulted. Reuters. [ Ссылка ]
Risen, T. (2013, October 11). Why do only US and Denmark have a debt ceiling? US News and World Report .
Sheiner, L., & Edelberg, W. (2023, April 24). How worried should we be if the debt ceiling isn't lifted? Brookings. [ Ссылка ]
US Chamber of Commerce. (2023, May 9). U.S. Chamber urges bipartisan agreement on debt limit. Www.uschamber.com. [ Ссылка ]
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