David Hawkings’ Whiteboard: What Is the Debt Ceiling?
By David Hawkings and Thomas McKinless
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Congress has a number of pending deadlines when it returns to D.C. after Labor Day, and committing to paying the government’s bills is one of them. Senior editor David Hawkings lays out what it means to raise the debt limit, and how it’s separate from the debate over funding the government.
