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'Catastrophic': Here's What You Should Know About the Debt Ceiling Crisis—And How a Default Could Impact Your Business The U.S. hit its debt ceiling limit of $31.4 trillion in January. Here’s everything to know about the ongoing debt ceiling debate. Previous Article 8 Essential Questions to Ask Yourself Before Starting a Franchise Next Article Mailman Rips Senders Who Try to Make Mail 'Look Cute' in Viral Video