Marketplace Morning Report for Monday, February 3, 2014
By law in America, the government can only borrow so much. And the country is about to bump up against the debt limit later this month, unless Congress raises it. But why does the debt ceiling even exist? Plus, if the lopsided Super Bowl didn't fill your sports needs, just wait a few days. The Winter Olympics in Sochi, Russia, kicks off Friday. Athletes are pumping themselves up, but so is law enforcement, including those in Russia doing counter-terrorism. Beyond that, the international crime-fighters at Interpol have a $20 million deal with the International Olympic Committee to crack down on dopers, match-fixers, and corrupt betting schemes.
By law in America, the government can only borrow so much. And the country is about to bump up against the debt limit later this month, unless Congress raises it. But why does the debt ceiling even exist? Plus, if the lopsided Super Bowl didn’t fill your sports needs, just wait a few days. The Winter Olympics in Sochi, Russia, kicks off Friday. Athletes are pumping themselves up, but so is law enforcement, including those in Russia doing counter-terrorism. Beyond that, the international crime-fighters at Interpol have a $20 million deal with the International Olympic Committee to crack down on dopers, match-fixers, and corrupt betting schemes.
