Debt ceiling: America’s budget crisis of its own creation

Fire up the giant digital billboards with their ever-increasing dollar displays. Start calculating how much every American man, woman and child owes. Cue the comparisons to a family budget, or credit-card spending or running a small business.

The national debt – and the legally mandated cap on the amount of new debt the federal government can issue – are back in the headlines.

Read more here: https://www.bbc.com/news/world-us-canada-64341875