Debt Ceiling Debate: Congress Reaches a Decision 

What Is the Debt Ceiling? 

The debt ceiling is a limit set by Congress on how much debt the federal government can legally accumulate. 

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What Happens If the Debt Ceiling Isn't Raised? 

The consequences of not raising the debt ceiling could be catastrophic for the US economy. 

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Who Is for and Against Raising the Debt Ceiling? 

The debate surrounding the US debt ceiling has been a divisive issue for years.

How Did the Vote to Raise the Debt Ceiling Go? 

On Tuesday, September 21st, the House of Representatives passed a bill to raise the debt ceiling with broad bipartisan support.

What Happens Next? 

Now that the debt ceiling bill has passed the House with broad bipartisan support