How Does the U.S. Debt Ceiling Work and Why Does it Matter?

Name: How Does the U.S. Debt Ceiling Work and Why Does it Matter?
Uploaded: 2011-05-16T22:00:00Z
Duration: P390S
Description: The United States government hit the legal limit for the amount of money it can borrow Monday, but Treasury officials say they can take other measures to pay the bills. Ray Suarez discusses questions about how the debt ceiling works and the ongoing political debate with The New York Times' Binyamin Applebaum.

Clip: 05/16/2011 | 6m 30s

The United States government hit the legal limit for the amount of money it can borrow Monday, but Treasury officials say they can take other measures to pay the bills. Ray Suarez discusses questions about how the debt ceiling works and the ongoing political debate with The New York Times' Binyamin Applebaum.

Aired: 05/16/11

Rating: NR

Problems Playing Video? | Closed Captioning

Major corporate funding for the PBS NewsHour is provided by BDO, BNSF, Consumer Cellular, American Cruise Lines, and Raymond James. Funding for the PBS NewsHour Weekend is provided by Consumer …

Major corporate funding for the PBS NewsHour is provided by BDO, BNSF, Consumer Cellular, American Cruise Lines, and Raymond James. Funding for the PBS NewsHour Weekend is provided by Consumer Cellular and American Cruise Lines. For a complete list of funders for the PBS NewsHour and PBS NewsHour weekend, click here.

Support provided by:

How Does the U.S. Debt Ceiling Work and Why Does it Matter?

More News and Public Affairs Shows