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May 16, 2011 The United States today hit its $14.3 trillion congressionally-mandated borrowing limit and the federal government is running on fumes.
Debt Ceiling: US Hits $14.3 Trillion Limit
US debt ceiling: Why is America facing a borrowing crisis? | Business
President Barack Obama meets Republican and Democratic leaders in a bid to settle the stalemate over the US debt ceiling.
Fresh updates on the market and investing trends that matter. Washington Watch Negotiations over the debt ceiling, automatic spending cuts, and government funding could have big implications for individual investors.