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Debt ceiling explained

The debt ceiling can be compared to a credit card limit, only the government isn't allowed to default under the Constitution.

http://www.wtsp.com/video/2746850797001/1/Debt-ceiling-explained http://bc_gvpc.edgesuite.net/img/963482463001/201310/1146/963482463001_2746836123001_thumbnail-for-video-2746843147001.jpg?pubId=963482463001 Debt ceiling explained The debt ceiling can be compared to a credit card limit, only the government isn't allowed to default under the Constitution. politicsKAREvpcbestnewsbestWashingtonGovernmentDebt ceilingdebt limitvpcNational Newsgovernment shutdown 01:19

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