What is a Debt Ceiling? How Does it Work?

The bigger question for a lot of Americans is, “Can I hang a disco ball from this debt ceiling? And will that help?”

I’m a kangaroo, and thus this is one of those moments when I love to learn new things. What is interesting is how this whole economy works. Just when i thought I could wrap my head around the notion of a budget in the trillions, along comes this issue. Political allegiances aside, NPR does a great job explaining the whole thing. Give it a read here.


About dotheroo

The Claim Your Youth team works with credit union professionals to better market to and reach young people... the future of credit unions.
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