Biden's big headache
America's finances are in crisis. On Monday, Treasury Secretary Janet Yellen sounded the alarm, warning that unless the government suspends or raises the "debt ceiling," the country could run out of cash by the end of the month.
But what even is the debt ceiling, and why could it spell catastrophe for America? Read on to find out. All dollar amounts in US dollars.
Daniel Coughlin
03 May 2023
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