True or false: failure to compromise about the debt ceiling would have affected many countries.

Under this Act, Congress established an aggregate limit, or "ceiling," on the total amount of new bonds that could be issued. ... When the debt ceiling is reached, and pending an increase in the limit, Treasury may resort to "extraordinary measures" to buy more time before the ceiling can be raised by Congress. So true

Explanation:

hello there the answer is a

sorry if i am wrong hope that : )

i think it was   tsar alexander ii