![us DEBT us DEBT](https://images.investmentofficer.com/sites/default/files/styles/large/public/D7_investment-officer_960x540px_0.png?itok=iyVjOyem)
Stop us if you’ve heard this one before: US lawmakers are clashing over a legislative action to raise the federal debt ceiling. The issue has been percolating for months but could come to a head this summer as the US Treasury starts running out of money to pay its bills.
The decision to increase the nation’s debt limit is often a routine one — except in years when Congress is divided, like it is now.