Tag Archives: debt

Would the U.S. Default on its Debt?

 Comments Off on Would the U.S. Default on its Debt? Tags: , , , , , ,
Would the U.S. Default on its Debt?

Recent political discussions have included the possibility of the U.S. defaulting on its debt. That would be irresponsible, costly, and foolish. A quick review of why the discussion on the debt limit, commonly called the debt ceiling, is currently taking place. The debt limit is the maximum amount of debt that the Department of the […]

More...