November 29, 2012 8:18 AM

Here we go again: Government weeks away from hitting debt ceiling

While official Washington is focused on potential tax hikes and automatic spending cuts, another fiscal crisis looms on the horizon. A report released Tuesday warned that the federal government is likely to hit a ceiling on issuing new debt come late December and could begin defaulting on obligations by mid-February.

Related content

Suggested for you



Editor's Choice Videos

Today's Market