Given the amount of misleading news reports likely to appear in the coming weeks until a final resolution, here are ten things you need to know about the debt ceiling and a potential government shutdown. The debt ceiling is an authorization for all borrowing up to some limit (the ceiling). Not raising the debt ceiling does not mean a default or not paying our debts. Not raising the debt ceiling does not mean not paying for things already bought. If the debt ceiling is not raised, it just means no more budget deficits.

Source: Forbes December 20, 2017 20:03 UTC