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Politics : Formerly About Advanced Micro Devices -- Ignore unavailable to you. Want to Upgrade?

To: Bill who wrote (1403925)	5/24/2023 11:45:22 AM
From: Wharf Rat	1 Recommendation Recommended By pocotrader Read Replies (1) \| Respond to of 1578633

"Wrong again." Nope. The debt ceiling is currently at $31.4 trillion, representing borrowing that the Treasury undertakes to fund its financial obligations, ranging from safety-net benefits such as Social Security payments to interest on the national debt The debt limit, which is set by Congress, represents the maximum amount the federal government is allowed to borrow to pay its debts. If the amount of government debt reaches that threshold and lawmakers fail to lift the borrowing limit, the U.S. would be unable to pay what it owes and could default. cbsnews.com