EPISODE · Jun 2, 2023 · 8 MIN
O72: THE U.S. DEBT CEILING EXPLAINED!
from Economics Echo · host Walton Mabuto
After intense negotiations, a deal between the White House and US House speaker has been struck and a divided Congress is on board. All that is left is the signature of President Biden. But what is the US debt ceiling precisely? And what would have happened if it wasn't raised?
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