If the national debt rises to the debt ceiling and there is currently a budget ________, the Congress and the President must agree to ________ the debt ceiling or else the federal government will have insufficient funds to pay its bills and will be forced to shut down.

Question

Quizplus · Accepted Answer

If the national debt rises to the debt ceiling and there is a current budget deficit, the Congress and the President must agree to raise the debt ceiling. If they do not, the federal government will not have sufficient funds to pay its bills and will be forced to shut down. A surplus in the budget would mean that the government has enough funds to pay its bills and would not need to raise the debt ceiling. Lowering the debt ceiling would not solve the issue of insufficient funds and could even worsen the situation.

If the National Debt Rises to the Debt Ceiling and There