NJ Spotlight News
Business Report: Debt issues at federal level and in NJ
Clip: 10/4/2021 | 2m 25sVideo has Closed Captions
If Congress doesn’t raise the borrowing limit, the U.S. could default on its debt
In Washington, Congress has two weeks to raise the debt ceiling, or the U.S. could default on its debt. In New Jersey, the Murphy administration and state lawmakers earlier this year agreed to put billions of dollars into a special fund to be used to pay down some of the state’s outstanding debt. But so far, none of that money has been used for debt repayment.
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NJ Spotlight News is a local public television program presented by THIRTEEN PBS
NJ Spotlight News
Business Report: Debt issues at federal level and in NJ
Clip: 10/4/2021 | 2m 25sVideo has Closed Captions
In Washington, Congress has two weeks to raise the debt ceiling, or the U.S. could default on its debt. In New Jersey, the Murphy administration and state lawmakers earlier this year agreed to put billions of dollars into a special fund to be used to pay down some of the state’s outstanding debt. But so far, none of that money has been used for debt repayment.
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NJ Spotlight News is a local public television program presented by THIRTEEN PBS