When some new members of Congress recently said they oppose raising the U.S. debt limit, it triggered warnings of “catastrophic consequences.” Indeed, the result wouldn’t be pretty. But here’s what’s at stake as the country’s debt burden swells every year.
Continue reading The Higher the Debt Ceiling, the Deeper the Hole
The Higher the Debt Ceiling, the Deeper the Hole originally appeared on DailyFinance on Sat, 15 Jan 2011 08:00:00.