US Capitol
Media playback is unsupported on your device

In 90 seconds: What if there's no debt ceiling deal?

If US politicians cannot agree to raise the borrowing limit by 17 October, the US could default on its debt by the end of the month.

The BBC explains what would happen in the US and around the world.

Produced by the BBC's Franz Strasser

  • 14 Oct 2013
Go to next video: World Bank warning over US shutdown