Here's the scariest thing about the looming deadline to raise the U.S. government's borrowing limit: No one knows precisely what will happen if the limit is breached.
The International Monetary Fund on Wednesday cut its global economic growth forecasts and warned that the U.S. would harm the world economy if it fails to raise its borrowing limit.
RecommendedRecent Facebook Activity
Only On 7
ABC7 is giving you MORE news in your afternoons with an extra hour, an hour earlier! Join ABC7's Leon Harris and Alison Starling for what's trending in your community and world. Every weekday afternoon at 4pm right after "The Queen Latifah Show" at 3pm on ABC7.