The Big Picture: A Brief History of the U.S. Debt Ceiling
Author: The editor's desk
October 1, 2021
The U.S. debt ceiling has once again emerged as a top concern of investors, but just how worried they should be all depends on when and whether the United States Congress can negotiate a plan to raise or suspend the country’s debt limit and save the U.S. Treasury from the sure-fire catastrophe of default. Here is a brief “by the numbers” history of the ceiling and what might be in play for it and equity markets moving forward.
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