Within the next few days, our government is going to run out of money. I will give you a moment to frantically run around and panic.OK welcome back... hopefully you didn't smash your monitor or really do something you will regret later.
So now that we have calmed down, lets examine the debt ceiling and discuss some possible solutions to this problem.
The Debt Ceiling, Explained: Planet Money
Debt Ceiling: Battle Heats Up
Treasury to tap Pensions to help fund government
Debt Ceiling
So is the debt ceiling something we should really be worrying about? What would happen if the government does default on its loans? How would you go about fixing this potentially devastating problem. Discuss below.
