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
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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 ]
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