Past, Present and Future: The Debt Ceiling
January 19th, 2012 . by adminAlthough it is an important issue that Congress needs to work out immediately, the fact that the US National Debt Clock has reached it’s ceiling isn’t really all that big of a deal. It has happened in the past and is bound to happen many more times in the future. In fact, the debt ceiling has had to be raised 76 times previous to now. However, the world wasn’t in the turmoil that it currently is during those times, which is why Congress needs to deal with this post haste!