Because discussions in Washington are evolving day by day, this article focuses on the background and importance of the debt ceiling rather than attempting to discuss the ramifications of your portfolio.
As August 2 approaches, you’ll likely hear increasingly urgent debate over the nation’s debt ceiling. That’s the approximate date by which the Treasury estimates it will no longer be able to borrow under the current $14.3 trillion limit. (Read More)…
Written by Bradford Pine
Bradford Pine Wealth Group – New York City Financial Advisors
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