Trump's looming economic Armageddon

No, it's not a government shutdown. It's the debt ceiling.

Oh, it's coming.
(Image credit: AP Photo/Alex Brandon)

Unless Congress and the Trump administration get their act together, the federal government will shut its doors this Friday. But as bad as that sounds, it will just a be a dress rehearsal for the real challenge coming this summer.

That would be raising the federal debt ceiling.

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Jeff Spross

Jeff Spross was the economics and business correspondent at TheWeek.com. He was previously a reporter at ThinkProgress.