Feb 1, 2018

02/01/2018: Unintended consequences

Birds fly in front of the dome of the U.S. Capitol as the deadline for the government shutdown loomed in Washington, D.C., on Friday. MANDEL NGAN/AFP/Getty Images

With all the drama in Washington these days, you may have missed another deadline looming soon: the federal debt limit. While the government shutdown a couple of weeks ago was about Congress failing to approve new money to pay for government services, the debt ceiling limits how much the Treasury can borrow to pay what we already owe. Thanks to the new tax law, we might hit that ceiling a little sooner than expected. Plus, we'll bring you the latest from Facebook and an excerpt from our podcast The Uncertain Hour.

Segments From this episode

British Army on defensive over recruitment campaign

by Stephen Beard

Feb 1, 2018

British authorities tried a more inclusive campaign but critics say it was misguided.

Soldiers from 1st Battalion The Royal Anglian Regiment (The Vikings) march from the parade ground after they received their Afghanistan Operational Service Medals at Picton Barracks on Nov. 1, 2012 in Bulford, England.

Matt Cardy/Getty Images

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With all the drama in Washington these days, you may have missed another deadline looming soon: the federal debt limit. While the government shutdown a couple of weeks ago was about Congress failing to approve new money to pay for government services, the debt ceiling limits how much the Treasury can borrow to pay what we already owe. Thanks to the new tax law, we might hit that ceiling a little sooner than expected. Plus, we’ll bring you the latest from Facebook and an excerpt from our podcast The Uncertain Hour.