What has been a consistent financial practice of the United States since its inception?
Biden Says Raising Debt Limit Is About Paying Old Debts

Interactive Video
•
Business, Social Studies
•
University
•
Hard
Quizizz Content
FREE Resource
Read more
5 questions
Show all answers
1.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Defaulting on its debts
Paying its bills
Avoiding taxes
Increasing spending without limits
2.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What is the primary reason for raising the debt limit?
To fund new government projects
To reduce taxes
To pay off existing debts
To increase military spending
3.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Why is raising the debt limit usually a bipartisan effort?
It is a way to cut taxes
It reduces the national debt
It is necessary to meet existing financial obligations
It involves new spending plans
4.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What was a significant factor in the need to raise the debt limit recently?
Reckless spending policies of the previous administration
Increased tax revenue
New infrastructure projects
Decreased military spending
5.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What could be a consequence of not raising the debt limit?
Higher retirement savings
A self-inflicted economic wound
Increased job opportunities
Economic stability
Similar Resources on Quizizz
6 questions
Explaining The Debt Limit And Why Congress Will Likely Raise It Again

Interactive video
•
University
6 questions
Fed Chair Powell: Debt Ceiling Should Be Raised in a Timely Way

Interactive video
•
University
3 questions
Explaining The Debt Limit And Why Congress Will Likely Raise It Again

Interactive video
•
University
6 questions
Yellen Says It Would Be a ‘Catastrophe’ if Debt Ceiling Isn’t Raised

Interactive video
•
University
6 questions
Honoring US Debt Is 'Sacred Obligation': NEC's Deese

Interactive video
•
University
6 questions
Trump Takes to Twitter Against McConnell, Ryan

Interactive video
•
University
6 questions
Democrats Signal They’ll Accept Short-Term Debt Ceiling Hike

Interactive video
•
University
6 questions
Biden Vows He Will Not Let US Default Over Debt Limit

Interactive video
•
University
Popular Resources on Quizizz
20 questions
math review

Quiz
•
4th Grade
20 questions
Math Review - Grade 6

Quiz
•
6th Grade
20 questions
Reading Comprehension

Quiz
•
5th Grade
20 questions
Types of Credit

Quiz
•
9th - 12th Grade
20 questions
Taxes

Quiz
•
9th - 12th Grade
10 questions
Human Body Systems and Functions

Interactive video
•
6th - 8th Grade
19 questions
Math Review

Quiz
•
3rd Grade
45 questions
7th Grade Math EOG Review

Quiz
•
7th Grade
Discover more resources for Business
20 questions
Summer

Quiz
•
KG - University
6 questions
Railroad Operations and Classifications Quiz

Quiz
•
University
47 questions
2nd Semester 2025 Map Final

Quiz
•
KG - University
43 questions
Science 5th Grade EOG Review #3

Quiz
•
KG - University
24 questions
Cartoon Characters

Quiz
•
KG - University
9 questions
What is your personality?

Quiz
•
University
10 questions
El Presente

Quiz
•
1st Grade - University
32 questions
NC Biology EOC Review : Heredity, Genetics, Biotechnology

Quiz
•
KG - University