How the debt ceiling could affect you

POSTED: 10:44 AM CDT Oct 08, 2013    UPDATED: 07:08 AM CDT Oct 14, 2013 

Things will get ugly if Congress doesn't approve a debt ceiling increase in three days. Here's how it would affect you.

Treasury Department
1 / 11
John R. Coughlin/CNNMoney

Congress has never willfully let the United States default on any of its legal obligations. So it's impossible to say with certainty what will happen if lawmakers don't approve a debt ceiling increase soon.

Comments

The views expressed are not those of this company or its affiliated companies. Please note by clicking on "Post" you acknowledge that you have read the Terms Of Service and the comment you are posting is in compliance with such terms. 
blog comments powered by Disqus
 
1 areas are now under advisories, watches or severe weather warnings.
Advertisement

ABC 17 News Most Popular Stories

Advertisement

ABC 17 Toolbox