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Tag: Debt

The Most Important Numbers to Know Today  – Money Morning

200 Democrats and 19 Republicans support passing a continuing resolution with no strings attached to re-open government, according to a CNN poll of Congress. With three vacancies among 435 Congressmen, 217 votes is the minimum required to pass the measure. Senate claims it’s close to a deal, but the question is how House Republicans will react – as the shutdown continues into its fifteenth day.

Here’s What Happens When We Hit the Debt Ceiling – Money Morning

With Congress moving like molasses and time running out, more and more Americans are wondering what happens when we hit the debt ceiling.
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The short answer is that it would be bad – as in catastrophically, you’ve-never-seen-anything-like-this-in-your-life bad.

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