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Raising the Dept Ceiling, the US Government Loan, and the Repo Facility of the Fed.Money, Asset, and Investment. 2023. 6. 21. 15:11
The debt ceiling is a legal limit on the amount of money that the United States government is allowed to borrow. When the debt ceiling is reached, the government is technically unable to borrow any more money, which can lead to a financial crisis. In recent years, the debt ceiling has become a political football, with Republicans and Democrats often using it as a bargaining chip in budget negoti..