Let's Talk about the US Debt Ceiling!
Total Debt: $31.4 Trillion
The Debt Ceiling is the maximum federal debt exposure the US Government is allowed to have outstanding at its current tax projections before it is in danger of default.
When I say default, I mean in meeting coupon obligations.
As a nation the US will most likely never be in danger of default and need a bailout like Greece by the IMF in 2015.
Key Statistics:
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