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Raise the Roof: The U.S. Debt Ceiling

Pinned on May 20, 2013 at 6:57 pm by Admin

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Raise the Roof: The U.S. Debt Ceiling

Recently, the United States surpassed the $14.3 trillion debt limit — and the Treasury Department says we’ve only got until August 2011 when it runs out of tricks to keep the country from falling into default. Here’s a look at why the debt ceiling is such a powerful bargaining chip in the budget negotiations.

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