If Congress can’t reach a deal on a new debt limit next month, it will wreak havoc on everything from credit cards to car loans…
Are We Responsible?
The federal debt ceiling is back in the spotlight as the Senate forges ahead with massive spending and infrastructure bills.
While the legal cap on how much the U.S. can borrow doesn’t impact what consumers can spend, if Congress can’t reach a deal on a new debt limit next month, it will wreak havoc on everything from credit cards to car loans.
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