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

  • Teddy Roosevelt riding in car, 1902

    Public domain

    On this day: August 22

    Teddy Roosevelt goes for a historic ride, tennis player Althea Gibson breaks racial barriers, The Supremes hit No. 1 for the first time, and Nolan Ryan notches his 5,000 career strikeout, all on this day.