HomeHow the U.S. Debt Ceiling WorkstbdHow the U.S. Debt Ceiling Works

How the U.S. Debt Ceiling Works

If the federal government can’t pay its debts, it could play havoc on financial markets. So why does Congress regularly threaten to do so?

In a session with NPF Paul Miller fellows, Shai Akabas of the Bipartisan Policy Center explained the history and the mechanics of the nation’s debt ceiling.


Leave a Reply

Your email address will not be published. Required fields are marked *

payday smile logo

PaydaySmile.com is a financial technology company specializing in payday loans and financial solutions. With a keen focus on catering to payday lending needs, the company provides tailored loan options and tools to assist individuals seeking short-term financial assistance. It’s important to note that while we offer financial tools and resources, we are not a direct lender.

Advertiser Disclosure: This website is an independent, advertising-supported comparison service. The card offers that appear on this site are from companies from which this website receives compensation. This compensation may impact how and where products appear on this site (including, for example, the order in which they appear). This website does not include all card companies or all card offers available in the marketplace. This website may use other proprietary factors to impact card offer listings on the website such as consumer selection or the likelihood of the applicant’s credit approval.

© 2024 PaydaySmile.com . All Rights Reserved.