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Update and Analysis

Summer Is Over and the Debt Ceiling Debate is Back

Local/State Funding Report

September 19, 2013 at 08:22:00 ET

The national debt now stands at $16.7 trillion. Despite efforts to reduce the debt, Congress now faces a new debt ceiling debate mid-October. The Treasury Department is calling for an increase. The debt ceiling refers to the nation’s legal borrowing limit to enable payments towards the nation’s debts beyond previously approved limits. Why is this important to Local/State Funding R... Read More

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Did You Know ?

Summer Is Over and the Debt Ceiling Debate is Back

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