What the deal on the debt ceiling means for you

Lawmakers agreed to a short-term increase of the U.S. debt ceiling to avoid a first-ever default, but everyday Americans are not entirely out of the woods.A debt limit extension into December took pressure off both parties to reach a compromise by Oct. 18, when the Treasury Department warned the U.S. would exhaust its emergency efforts to pay the government’s bills.However, “when we talk about kicking this can out to December, it continues to be a burden on consumers,” said Mark Hamrick,…


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