Debt Ceiling Will Be Averted but It Won’t Be Easy: Kiplinger Economic Forecasts

There’s a lack of cross-party agreement on the debt ceiling right now but don’t expect a full-blown crisis.

3D map of USA with its flag with a metal weight representing debt on a dark background
(Image credit: Getty)

The debt ceiling is a limit on the amount of debt Treasury can incur and influences how much money the government can borrow.

The debt ceiling is one of the hottest topics of the year, so to keep you in the loop on what is going on, our highly experienced Kiplinger Letter team will update you on all the important events and data (Get a free issue of The Kiplinger Letter or subscribe). Here’s the latest forecast… 

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Sean Lengell
Associate Editor, The Kiplinger Letter

Sean Lengell covers Congress and government policy for The Kiplinger Letter. Before joining Kiplinger in January 2017 he served as a congressional reporter for eight years with the Washington Examiner and the Washington Times. He previously covered local news for the Tampa (Fla.) Tribune. A native of northern Illinois who spent much of his youth in St. Petersburg, Fla., he holds a bachelor's degree in English from Marquette University.