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Debt Ceiling 2023: How Likely Is A Financial Crisis?

A partisan divide among the seats of power in the federal government has threatened Americans with yet another fiscal drama. Debt-limit-raising negotiations between Democratic President Joe Biden and the Republican-controlled House of Representatives appear to have stalled. Earlier this month, the debt ceiling was reached, leaving millions of Americans anxious about governmental entitlements and obligations.

How likely is a debt crisis?

This post originally appeared at The Motley Fool.