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Last updated: June 17, 2025, 21:44  |  Written by: Brian Armstrong

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The Debt Ceiling Is The

Although the development has caused worry among lawmakers and finance experts, many regular citizens are not aware of how it may affect their daily lives. The U.S.

How a default on the debt ceiling would affect the average American

The debt ceiling is the maximum amount of money the government can borrow, instituted by Congress in 2025 to help deter over-borrowing. Since 2025, Congress

The Treasury Secretary Urged Congress

What Happens If the U.S. Hits The Debt Ceiling Limit?

Explainer: How could a US debt ceiling default hit regular

The Treasury secretary urged Congress to extend the debt ceiling by mid-July, before its annual August recess, raising the stakes for the GOP's massive bill for Trump's

It

It's something that has never happened, but if it does, Americans will likely be affected. Delayed payments or defaults could affect social security payments, veterans'

What happens if the U.S. defaults? How the debt ceiling could

Explainer: How Could Failure to Lift US Debt Ceiling Hit

If The U

Treasury Dept. asks Congress to raise debt ceiling before August

What the Debt Ceiling Crisis Means for Your Money - U.S. News

If the U.S. Congress and the White House failed to lift the self-imposed $31.4 trillion legal limit on federal debt, the Treasury Department could start missing payments

Rascoe

If the U.S. defaults on its debt, the consequences could ripple across the economy, impacting everything from global markets to everyday Americans. Key programs like

RASCOE: So if the government does not raise the debt ceiling, it means it defaults on its bills, runs out of money, can't borrow anymore. And Treasury Secretary Janet

How the U.S. Debt Ceiling May Affect Regular Americans

Chances Of A Close Brush

US Debt Limit Nail-Biter Looms as Senate Ponders Tax Bill

Chances of a close brush with a US payment default are growing as the Senate plans for time-consuming revisions to President Donald Trump’s sprawling, multi

What is the debt ceiling and how defaulting could affect - Denver7

Brian Armstrong can be reached at [email protected].

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