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

  • Secret Service police car

    Kevin Liptak/CNN

    What to know about the Secret Service

    Secret Service Director Julia Pierson, who has faced intense scrutiny over the Sept. 19 White House security breach, has resigned, according to the U.S. Department of Homeland Security. Here's what you should know about the highly secretive agency.

On this Day

  • Walt Disney World opening, 1971

    Walt Disney

    On this day: October 1

    Thomas Edison opens the world's first electric lamp factory, Yosemite becomes a national park, soccer great Pele says goodbye, and Walt Disney World opens, all on this day.