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Why the U.S. Is Always Hitting a "Debt Ceiling"

Explaining why Congress keeps returning to fight over borrowing limits.

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As debates in Washington about raising the debt ceiling once again make the news, this video provides a comprehensive and straightforward explanation of the U.S. national debt. Along with examining the sale of government bonds, the video also considers whether or not the country should retain the debt limit. 

Questions:

  1. How does the sale of bonds benefit both investors and the government? 
  2. Do you think the U.S. should continue to maintain a debt limit? Why or why not?
Author: NickelsMcHughMcHugh

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