Quiz: Test your knowledge about the debt limit
The White House and Congress are battling over raising the nation’s debt limit, which is the statutory ceiling on federal borrowing. The law prohibits the government from exceeding the limit, but the Treasury Department can use accounting maneuvers to stave off a default temporarily after the limit technically is reached.
Test your knowledge of the debt limit with this quiz.
After you take this quiz, try your hand at more business-related quizzes by clicking here.
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