Description: Treasury Secretary Jack Lew has given Congress until the end of February to raise the debt ceiling. He’s juggling the nation’s finances using ‘extraordinary measures’ but those will only last so long.
Source: CNNMoney.com – video report
Date: Feb 07, 2014
Questions for Discussions:
- Explain the debt ceiling issue?
- Why is it likely that it will not come as close to a crisis as it has in the past?
- What are the consequences if it does?
- How should investors deal with this issue?