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Boca Raton finance expert breaks down US debt ceiling

The U.S. Treasury could soon exhaust its emergency measures to prevent a debt default, which would affect Americans who rely on benefits such as Medicare, Medicaid and Social Security.

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Biden: Senate filibuster change on debt a real possibility

President Joe Biden says Democrats are considering a change to the Senate’s filibuster rules in order to quickly approve lifting the nation’s debt limit.

United statesWhite houseDistrict of columbiaJoe bidenSenate minority leader mitch mcconnellPresident joe bidenMinority leader mitch mcconnellHow much debt does the us haveWhat is the debt ceilingWhy won x27t republicans for to suspend the debt ceiling

Biden: Senate filibuster change on debt a real possibility

President Joe Biden says Democrats are considering a change to the Senate’s filibuster rules in order to quickly approve lifting the nation’s debt limit.

United statesWhite houseDistrict of columbiaJoe bidenSenate minority leader mitch mcconnellPresident joe bidenMinority leader mitch mcconnellHow much debt does the us haveWhat is the debt ceilingWhy won x27t republicans for to suspend the debt ceiling

Congress to Consider Raising Debt Limit (VIDEO)

The debt limit went back into effect Aug. 1, and the Treasury Department is taking "extraordinary measures" to ensure the U.S. doesn't default.

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What exactly is the debt ceiling?

Currently, the debt ceiling is $28.4 trillion, which is right around the amount of federal debt the country has accumulated.

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