U.S. debt ceiling limit expires

|By:, SA News Editor

The U.S. debt ceiling limit expires today, potentially setting up an intense political battle in Congress.

Treasury Secretary Steven Mnuchin has encouraged Congress to raise the ceiling "at the first opportunity," while Senate Majority Leader Mitch McConnell said Tuesday that Congress will "obviously" increase the limit.

The current U.S. national debt is $19.4T.

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