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

  • Wikipedia commons

    Notable deaths of 2014

    From legendary actors to fashion designers, take a look at the most notable deaths of 2014.

On this Day

  • George Washington's farewell address

    Public domain

    On this day: September 19

    George Washington says goodbye, America takes nuclear testing underground, Simon & Garfunkel reunite in Central Park, and emoticons are born, all on this day.