Congress December 19, 2024 12:54 pm

What is the debt ceiling?

The debt ceiling, sometimes referred to as the debt limit, is the total amount of money that the United States government is authorized to borrow to meet its existing legal obligations.

US & World Videos

Single mom sobs after landing dream job thanks to Pennsylvania Women Work
9:55

Single mom sobs after landing dream job thanks to Pennsylvania Women Work
Family receives emotional surprise after daughter's cancer battle
10:28

Family receives emotional surprise after daughter's cancer battle
Viral therapy dogs jump into action after tragic D.C. plane crash
3:48

Viral therapy dogs jump into action after tragic D.C. plane crash
‘There was a collision': Air traffic control recording captures moment of crash
0:28

‘There was a collision': Air traffic control recording captures moment of crash
Witness describes seeing plane in moments before it crashed
3:30

Witness describes seeing plane in moments before it crashed
Exit mobile version