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Here’s what’s in, what’s out of the debt limit bill to avert US default

By Sophie Hawthorne
Published in Debt Management
May 31, 2023
1 min read
Here’s what’s in, what’s out of the debt limit bill to avert US default

Hey there! I came across an interesting article about the debt limit bill that really caught my attention. It talks about how the US government is trying to avoid a default by raising the debt ceiling, which is the maximum amount of money the government can borrow.

The article breaks it down into what’s in and what’s out of the bill. The “in” parts include provisions to fund government operations, emergency disaster relief, and funding for Afghan refugees. On the other hand, the “out” parts include controversial proposals like defunding abortion providers and cutting funding for climate programs.

I found this article really informative because it explains how the debt ceiling works and the potential consequences if it’s not raised. Plus, it’s always interesting to see what our government prioritizes in these bills.

On a personal note, I remember the last time the debt ceiling was an issue back in 2011. I was still in high school, but I remember being worried about how it would affect our country’s economy. It’s crazy to think that it’s still an ongoing issue all these years later.

Overall, it’s important to pay attention to these kinds of political developments because they can impact our lives in many ways. The debt limit bill is a big deal because it affects everything from federal agencies to national security. So, let’s hope that our government can come to an agreement and avoid any harmful consequences.


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Sophie Hawthorne

Sophie Hawthorne

Freelance Writer

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