Debt ceiling awaits Congress after summer break

CNN Political Ticker

New York (CNNMoney) — It’s not negotiable: Congress will have to soon raise the debt ceiling. The only question is when.

On Wednesday, the Treasury Department said again that it can continue to pay the country’s bills in full without breaching the legal limit on borrowing until sometime after Labor Day.

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Published by: Adam F. Hutton

I was born in Kansas, I lived in New York for 15 years and now I’m moving to the Bay Area. I have a Master's degree in Political Science and a Bachelor's degree in Media Studies. I'm a journalist.

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