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Some say the world will end in fire and some say in ice. But in Washington, a lot of people say it will end if we don’t continually raise the debt ceiling. The statutory debt limit, or debt ceiling, represents the maximum amount of debt the federal government can carry at any given time. The limit was created in 1917 so that Congress wouldn’t have to vote every time the government wanted to increase… Broadcasting platform : YouTube Source : Reason Magazine – Hit & Run Discovery Date : 01/03/2011 22:30 Number of articles : 2
