Answer
The debt ceiling must be raised by congress periodically to keep the government functioning. After all, if the debt ceiling were not raised, the government would have no money to pay its employees, so it would be dysfunctional. Because of the ability to raise the debt ceiling, the U.S. government can owe other entities an increasingly large amount of money.
Work Step by Step
The debt ceiling must be raised by congress periodically to keep the government functioning. After all, if the debt ceiling were not raised, the government would have no money to pay its employees, so it would be dysfunctional. Because of the ability to raise the debt ceiling, the U.S. government can owe other entities an increasingly large amount of money.
