Congress Expects to Exceed Debt Limit by Fall

Congress Expects to Exceed Debt Limit by Fall

The Congressional Budget Office (CBO) expects the current federal borrowing limit, agreed upon in February 2014, to be surpassed by late summer or early fall in 2015, meaning a government shutdown could be on the horizon.

If you think our elected officials in Washington need to figure out a way to lower our nation’s debt instead of raising the debt limit, please Like & Share this post.

 

 

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