Budget Showdown: Is the Debt Ceiling Pointless?
National Journal - Newseum
A weak economy paired with high levels of government spending has put America on an unsustainable fiscal trajectory. The U.S. is already starting to see effects evident in our weakening dollar, lack of foreign investors, and slowed wage growth; most economists agree that the implications of our growing debt are dire. With one of the most ideologically polarized Congresses of all time in office, can Washington come to a consensus on controlling the nation's growing $16.7 trillion debt?

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