Debt Limit and Ongoing Fiscal Debate: County Risks and Opportunities

Source: National Association of Counties (NACo), January 2013

The National Association of Counties (NACo) has released a new legislative presentation which provides a quick guide to understanding the debt limit debate and the significance to U.S. counties. The presentation also examines areas of risk and opportunity for counties in the ongoing negotiations.

The presentation highlights:
• Why Counties Should Care about the Debt Limit Debate
• What is the Debt Limit
• Why is there a Debt Limit
• Extraordinary Measures to Prevent Default
• Context for Federal Debt and Deficit Discussion
• Ongoing Fiscal Debate and the First Fiscal Cliff Deal
• County Risks and Opportunities