bob dennis
@Urbanlegends · 4:11
What is the debt ceiling?
If the United States defaults on its debts, the results can be catastrophic for the country and the global economy as well. With Republicans and Democrats standing their ground on how they want to approach the issue, the risk of defaulting for the first time in US. History is just all too real. But what is the debt limit? What would it mean if the country defaulted on its debts? What does each side want from this?