How the debt ceiling could affect you

Published: Oct 08 2013 11:44:23 AM EDT   Updated On: Oct 14 2013 08:08:58 AM EDT

Things will get ugly if Congress doesn't approve a debt ceiling increase in three days. Here's how it would affect you.

Treasury Department
1 / 12
John R. Coughlin/CNNMoney

Congress has never willfully let the United States default on any of its legal obligations. So it's impossible to say with certainty what will happen if lawmakers don't approve a debt ceiling increase soon.

Advertisement

Most Viewed on WFMZ.com

Advertisement
 

Slideshow Of The Day

On this Day

  • Pink Phink, first Pink Panther short

    United Artists

    On this day: December 18

    America celebrates its first official day of thanksgiving, "The Nutcracker" debuts, the first "Pink Panther" short premieres, and the first nuclear power plant in America goes online, all on this day.