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What Is the Debt Ceiling? |Ron’s Office Hours | NPR

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Channel: NPR
Categories: Government & Politics   |   Economics   |   Society / Culture   |   Social Science  
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It keeps on coming back like a bad penny: Congress’ fight over whether to raise the “debt ceiling.” That’s the limit on how much Congress can borrow to run the federal government. Where did the idea come from and how big is the debt now? NPR senior political editor and correspondent Ron Elving explains.

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