Daily Video — “The Debt Limit Explained”
As the news becomes inundated more and more each day with news about Federal spending, budgets and the debt limit it is vital that we all remain educated about what these things are, what they mean, and how they work. Today’s video provides a short and simple explanation of one of those key points of contention in Washington D.C. — the debt limit. Also included is information on the budget in general, the responsibilities of Congress and the President in the process, and the Constitutionality of it all.