Podcast on Debt Limit Approaches
The debt limit is a cap on the amount of money that the Department of the Treasury can borrow to meet the nation’s financial obligations. Delays in raising this statutory limit can have broad implications for the entire financial system.
Listen to our podcast with Susan Irving, a director in GAO’s Strategic Issues team, who led a review of the effects of recent delays in raising the debt limit as well as options for minimizing future disruptions.
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