How the debt ceiling could affect you

Published On: Oct 08 2013 10:44:23 AM CDT   Updated On: Oct 14 2013 07:08:58 AM CDT

Things will get ugly if Congress doesn't approve a debt ceiling increase in three days. Here's how it would affect you.

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But this much is certain: If Congress fails to act, the Treasury Department won't be able to borrow new money and will soon be strapped for cash to pay all the country's bills coming due.

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