What is the debt ceiling?
As America's government hits the debt ceiling, US politics has become a multi-trillion dollar game of chicken. If neither side backs down, America could default on its debts for the first time in history, sparking global economic turmoil. What is the debt ceiling, and how can this crisis be resolved?
Sign up to The Economist’s daily newsletter: https://econ.st/3QAawvI
To read more of our covering on the US economy: https://econ.st/3pyttGT
There is no easy escape from America’s debt-ceiling mess: https://econ.st/3I3Cyh5
Investors brace for a painful crash into America’s debt-ceiling: https://econ.st/3VZueon
What is the debt ceiling?: https://econ.st/3pytIlh
America faces a debt nightmare: https://econ.st/3BkzDx0
Republicans are right that federal budgeting is a joke: https://econ.st/3HZ0Hp2
The Economist
On Tuesdays and Thursdays, The Economist posts videos that give authoritative insight and opinion on international news, politics, business, finance, science, technology and the connections between them. We're also producing full films such as The Disrup...