David Kafka

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24 Feb: What is the Debt Ceiling?

If you’ve been reading the news lately, you’ve probably noticed a headline or two that you swear you’ve seen before: the US government is discussing raising the debt ceiling. News like this is so routine at this point that it’s easy to gloss over it, but today we’re going to breakdown exactly what the debt ceiling is, why it’s been raised so many times, and why you should care!