Consequences of Default Spending Cuts Federal Spending Default Risk Default Global Recession Financial Chaos Raising the Debt Limit Debt Ceiling Fights Consequences of Not Raising the Limit Borrowing Limit Clean Hike US Treasury Bills Consequences of Not Raising the Debt Ceiling Separation of Powers 14th Amendment Government Borrowing Credit Downgrade Suspension Extraordinary Measures Federal Borrowing Spending Caps Debt Limit Negotiations Debt Default Crisis Moody's Analytics Spending Reductions Treasury Financing Efforts Short-Term Increase Government Spending Borrowing Treasury Department Clean Debt Limit Bill Bipartisanship