Get ready America: the debt ceiling is back

Dailyfinance.com
Obama and Boehner
Obama and Boehner

The U.S. is again closing in on its national debt limit, and if a recent statement by Republican Speaker of the House John Boehner is any indication, another fight with the Obama administration over the issue of raising it might be brewing.

Another debt-ceiling cage match is the last thing the American economy needs right now. Remember what happened during last summer's battle? It was ugly. But we may not be able to avoid it this time around, so here's a preview of what we might expect.