Politics & Government

Members Of Colorado's Congressional Delegation React To U.S. Reaching Debt Limit

"Using the debt ceiling as a political football is the wrong answer," Rep. Jason Crow told CBS.

Raising the debt limit has become a recurring battle in Congress.
Raising the debt limit has become a recurring battle in Congress. (CBS)

A showdown might be in the works among our lawmakers that could put a strain on the U.S. economy. The federal government has officially reached the legal limit of how much it can borrow to pay the bills Congress has already authorized.

The possible consequences of hitting the debt ceiling include non-essential government employees being furloughed, tax refunds being delayed and museums and national parks closing.

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