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The Importance of Raising the Debt Ceiling
Article

The Importance of Raising the Debt Ceiling

Michael Linden explains why we must raise the debt ceiling, and what will happen if we don't.

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Part of a Series

How did we end up in the current crisis? Why must Congress increase the debt limit? What will happen if Congress passes only a small debt limit increase, or worse, none at all?

(transcript, mp4, YouTube)

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Authors

Michael Linden

Managing Director, Economic Policy

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