What to know about the debt ceiling

Published: Oct 04 2013 11:28:57 AM EDT

The government shutdown may be making headlines, but the debt ceiling is an even bigger looming crisis.

Debt Ceiling - Generic
1 / 12
CNN

The government shutdown is making headlines, but an even bigger crisis looms over the nation's debt ceiling. Here's what you need to know about this complicated issue:

Advertisement

Most Viewed on WFMZ.com

Advertisement
 

Slideshow Of The Day

On this Day

  • Titanic wreckage

    Courtesy of NOAA/Institute for Exploration/University of Rhode Island

    On this day: September 1

    The last passenger pigeon dies, World War II begins, the Soviet Union shoots down a Korean airliner, and the wreck of the Titanic is discovered, all on this day.