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1 History of the United States debt ceiling - Wikipedia
https://en.wikipedia.org/wiki/History_of_the_United_States_debt_ceiling
The debt ceiling is also a limitation on the federal government's ability to finance government operations, and the failure of Congress to authorise an increase ...
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2 History of Debt Limit and Why It Matters - BGR Group
https://bgrdc.com/history-of-debt-limit-and-why-it-matters/
The debt ceiling, or debt limit, is the maximum amount of money that the federal government can borrow to meet its existing legal obligations.
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3 Q&A: Everything You Should Know About the Debt Ceiling
https://www.crfb.org/papers/qa-everything-you-should-know-about-debt-ceiling
The federal debt ceiling was raised in December of 2021 by $2.5 trillion to. ... At that point, the Treasury Department may begin using accounting tools at ...
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4 The Debt Limit Through the Years | Bipartisan Policy Center
https://bipartisanpolicy.org/debt-limit-through-the-years/
Congress raises the federal debt limit with little time to spare before the federal government would have defaulted on payments for the first time in modern ...
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5 Debt Limit | U.S. Department of the Treasury
https://home.treasury.gov/policy-issues/financial-markets-financial-institutions-and-fiscal-service/debt-limit
The debt limit is the total amount of money that the United States government is authorized to borrow to meet its existing legal obligations, ...
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6 What Is the U.S. National Debt Ceiling? - Investopedia
https://www.investopedia.com/terms/d/debt-ceiling.asp
The debt ceiling is a limit Congress imposes on the amount the federal government can owe. Discover the current debt ceiling and its economic impact.
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7 US debt ceiling: how big is it and how has it changed?
https://www.theguardian.com/news/datablog/2011/jul/15/us-debt-ceiling-historic
› Datablog
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8 The Debt Ceiling: An Explainer | CEA - The White House
https://www.whitehouse.gov/cea/written-materials/2021/10/06/the-debt-ceiling-an-explainer/
The Federal government needs to borrow money to pay its bills when its ongoing operations cannot be funded by Federal revenues alone. When this ...
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9 The First Debt Ceiling Crisis
https://www.newyorkfed.org/medialibrary/media/research/staff_reports/sr783.pdf?la=en
In the second half of 1953 the United States, for the first time, risked exceeding the statutory limit on Treasury debt. This paper describes how Congress, the ...
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10 The Debt Limit: History and Recent Increases
https://www.everycrsreport.com/reports/RL31967.html
In 1939, a general limit was placed on federal debt. Federal debt accumulates when the government sells debt to the public to finance budget deficits and to ...
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11 U.S. Congress could be in for bruising debt-ceiling fight after ...
https://www.reuters.com/world/us/us-congress-could-be-bruising-debt-ceiling-fight-after-midterms-2022-10-10/
› world › us-congress-could-be-...
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12 U.S. starts fiscal year with record $31 trillion in debt ...
https://www.cbsnews.com/news/national-debt-at-record-31-trillion-treasury-says/
The nation's gross national debt has exceeded $31 trillion, according to a U.S. Treasury report released Tuesday that logs America's daily ...
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13 The U.S. Debt Ceiling: Everything You Need to Know
https://www.nytimes.com/2021/09/27/us/politics/us-debt-ceiling.html
› U.S. › Politics
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14 Here's what the debt ceiling is and why Congress is ... - NPR
https://www.npr.org/2021/09/24/1031701538/congress-debt-ceiling-explainer
Now, with the federal government bumping up against the limit once again, Senate Republicans are setting up a showdown. They know a debt ceiling ...
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15 Why do we have a debt ceiling? - Brookings Institution
https://www.brookings.edu/blog/unpacked/2017/09/05/why-do-we-have-a-debt-ceiling/
THE ISSUE: If the Trump Administration and Congress cannot agree on how to raise the U.S. debt limit by around September 29, the Treasury ...
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16 Debt ceiling fights aren't new. The next one could unleash ...
https://www.cnn.com/2022/10/29/investing/us-treasuries-risk
Trading in US debt has been stretched more thinly than usual, as uncertainty keeps investors on the sidelines and foreign central banks and ...
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17 What is America's debt ceiling? | The Economist
https://www.economist.com/the-economist-explains/2021/09/21/what-is-americas-debt-ceiling
› 2021/09/21 › what-is-am...
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18 A Familiar Landmine: The Looming Debt Ceiling
https://gai.georgetown.edu/a-familiar-landmine-the-looming-debt-ceiling/
With all the other tumult going on in our politics, one might be forgiven for not focusing on a familiar landmine: the debt ceiling.
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19 117th Congress (2021-2022): Debt Ceiling Reform Act
https://www.congress.gov/bill/117th-congress/house-bill/5415?s=1&r=88
Summary of H.R.5415 - 117th Congress (2021-2022): Debt Ceiling Reform Act.
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20 Biden world eyeing lame-duck action on debt ceiling and a lift ...
https://www.politico.com/news/2022/11/03/biden-world-lame-duck-debt-ceiling-2024-00064887
› news › 2022/11/03 › biden-...
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21 How the U.S. Debt Ceiling Works and Why It Matters - WSJ
https://www.wsj.com/articles/us-debt-ceiling-explained-11632429692
Congress faces a looming deadline to raise the debt ceiling and prevent a default on the national debt.
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22 The U.S. debt ceiling, explained - YouTube
https://www.youtube.com/watch?v=ilnA__Ywhpo
PBS NewsHour
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23 The U.S. debt ceiling, explained | PBS NewsHour
https://www.pbs.org/newshour/show/the-u-s-debt-ceiling-explained
U.S. Senators are deciding how they'll vote on a deal to raise the debt ceiling, after the U.S. House of Representatives passed the first ...
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24 What to know about the debt ceiling - The Washington Post
https://www.washingtonpost.com/politics/2021/09/22/debt-ceiling-explained/
› debt-ceiling-explained
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25 Durbin, Yarmuth, Boyle Introduce Bicameral Legislation To ...
https://www.durbin.senate.gov/newsroom/press-releases/durbin-yarmuth-boyle-introduce-bicameral-legislation-to-transfer-debt-ceiling-authority-to-treasury-secretary
John Yarmuth (D-KY), and House Budget Committee Vice-Chair Rep. Brendan F. Boyle (D-PA) introduced the Debt Ceiling Reform Act, legislation that ...
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26 debt ceiling | economics | Britannica
https://www.britannica.com/topic/debt-ceiling
National debt ceilings have been established in some countries in the belief that excessive public debt, which requires large service ...
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27 The origin of the U.S. debt ceiling - Marketplace
https://www.marketplace.org/2021/11/02/the-origin-of-the-u-s-debt-ceiling/
Congress is once again considering raising the debt limit. When did that start?
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28 What the debt ceiling is, and why you should care about it
https://abcnews.go.com/Politics/debt-ceiling-care/story?id=80288518
The debt ceiling is a cap on the amount of money the U.S. government can borrow to pay its debts. Every year, Congress passes a budget that ...
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29 How the debt ceiling got to $28.4 trillion - Axios
https://www.axios.com/2021/10/07/debt-ceiling-congress-national-debt
› Politics & Policy
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30 Debt Ceiling Deadline and the Markets | U.S. Bank
https://www.usbank.com/investing/financial-perspectives/market-news/debt-ceiling-and-the-markets.html
Congress faces another likely dispute around raising or suspending the federal government's debt ceiling. Gain perspective on this issue ...
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31 Republican House Could Deepen Recession Over Debt Ceiling
https://www.bloomberg.com/news/articles/2022-11-10/republican-house-could-deepen-recession-over-debt-ceiling
Not only that, but a fight over the federal debt limit risks making a potential downturn even deeper. “Ordinarily you would like to think that ...
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32 What is the Debt Ceiling and its Effects | UpToUs - Up To Us
https://www.itsuptous.org/blog/what-debt-ceiling-and-its-effects
› blog › what-debt-ceiling-an...
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33 Biden Can Raise the Debt Ceiling Without Congress
https://washingtonmonthly.com/2022/11/22/biden-can-raise-the-debt-ceiling-without-congress/
› 2022/11/22 › biden-c...
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34 Yellen lends support for effort to remove the debt ceiling ...
https://www.cnbc.com/2021/09/30/yellen-lends-support-for-effort-to-remove-the-debt-ceiling-altogether.html
Treasury Secretary Janet Yellen said Thursday she would just as soon see the power over debt limits taken away from Congress.
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35 Why the US should get rid of its debt ceiling - Quartz
https://qz.com/2066624/why-the-us-should-get-rid-of-its-debt-ceiling/
The debt ceiling was formulated in 1917 to give Congress a say on US debt. Now it's mainly a political weapon. There are better ways for the ...
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36 Federal Debt and the Statutory Limit, September 2021
https://www.cbo.gov/publication/57517
The Congressional Budget Office projects that, if the debt limit remains unchanged, the Treasury's ability to borrow using extraordinary ...
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37 6 Consequences if the Debt Ceiling Isn't Raised - USNews.com
https://www.usnews.com/news/slideshows/6-consequences-if-the-debt-ceiling-isnt-raised
› News
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38 What is the history of the US debt ceiling and why does it matter?
https://en.as.com/en/2021/12/15/latest_news/1639543115_255226.html
On Tuesday evening the Senate voted to raise the federal government debt limit by $2.5 trillion, a measure which removes the imminent threat ...
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39 The Debt Ceiling Is Dangerous. Here's Why It Probably Isn't ...
https://fivethirtyeight.com/features/the-debt-ceiling-is-dangerous-but-its-probably-not-going-away-anytime-soon/
› features › the-debt-ceiling-i...
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40 US debt ceiling drama piles on yet more unwanted pressure
https://think.ing.com/articles/us-debt-ceiling-adding-to-the-strains/
The US debt ceiling drama is back with its usual political farce. Unfortunately, it matters. 'Extraordinary measures' are keeping the show ...
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41 Debt ceiling: What's next for the US debt limit - BBC News
https://www.bbc.com/news/world-us-canada-58820071
› world-us-canada-58820071
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42 What Is the US Debt Ceiling? How Does It Affect the Economy?
https://www.sofi.com/learn/content/what-is-the-us-debt-ceiling/
The debt ceiling is the maximum amount of money the U.S. government can borrow, a limit set by Congress. Read on to learn how it impacts the economy and ...
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43 GOP Members of Congress Threaten Debt Limit Default To ...
https://www.americanprogress.org/article/gop-members-of-congress-threaten-debt-limit-default-to-cut-social-security-and-medicare/
Several minority leaders in Congress indicate that holding the debt limit hostage to force program cuts in Social Security and Medicare is ...
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44 What is the US debt ceiling and how has it changed over time?
https://usafacts.org/articles/whats-the-history-of-debt-ceiling-increases-in-the-us/
The House and Senate still must raise the federal debt limit by October 18 or risk the US defaulting on its spending obligations. Despite ...
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45 EXPLAINER: Why the debt limit is again roiling Washington
https://apnews.com/article/debt-limit-explained-8c9cbcd3d0c4a8fe989a0110f5159f7c
WASHINGTON (AP) — The idea of the U.S. government breaching its “debt limit” sounds scary. But what, exactly, are lawmakers in Washington ...
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46 How to Improve the Debt Ceiling to Fit a Partisan Government
https://www.repository.law.indiana.edu/cgi/viewcontent.cgi?article=1692&context=ijgls
* J.D. Candidate, 2018, Indiana University Maurer School of Law. 1. See Shalifay, 7 Countries with Debt Ceilings or Limits, INv. FRONTIER (Oct. 8,. 2013), http ...
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47 Debt Ceiling: 5 Devastating Consequences If Congress ...
https://www.bankrate.com/banking/federal-reserve/what-debt-ceiling-means-for-your-wallet/
› Banking › Federal Reserve
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48 What is the debt ceiling? What does it mean and why ... - NJ.com
https://www.nj.com/politics/2021/09/what-is-the-debt-ceiling-what-does-it-mean-and-why-do-many-politicians-want-to-raise-it.html
23, 2021, 5:00 p.m.. U.S. Capitol. The debt ceiling is a restriction or limit Congress places on the federal government in relation to ...
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49 What Is the Debt Ceiling, and Why Does It Matter?
https://chamberhill.com/what-is-the-debt-ceiling-and-why-does-it-matter/
On July 31, the federal government is scheduled to hit the debt ceiling, meaning it will no longer be able to borrow money. Fights over the debt ceiling ...
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50 The Federal Government's Debt Ceiling Needs More Teeth
https://www.northwood.edu/afeu/when-free-to-choose/the-federal-governments-debt-ceiling-needs-more-teeth
A Constitutional Political Economy perspective provides better ways to limit spending than what we have now. Merely raising the debt limit one ...
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51 Debt Ceiling Showdown | Silicon Valley Bank
https://www.svb.com/market-insights/market-analysis/debt-ceiling-showdown
Without raising or suspending the debt limit, the federal government will run out of cash to perform some of its most basic functions, such as ...
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52 Possible Macroeconomic Effects of a Temporary Federal Debt ...
https://www.federalreserve.gov/monetarypolicy/files/FOMC20131004memo02.pdf
In addition, no other nation that defaulted on its sovereign debt ever enjoyed two key features of the U.S. economy—Treasury securities are the ...
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53 US Debt Ceiling: a Distraction and a Warning - DailyFX
https://www.dailyfx.com/us-dollar-index/us-debt-ceiling-a-distraction-and-a-warning.html
A debt ceiling crisis may add a few basis points to Treasury borrowing costs, and divert investors toward longer-term notes and bonds. But this ...
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54 Congress raising the debt ceiling is suddenly a problem for ...
https://www.msnbc.com/opinion/congress-raising-debt-ceiling-suddenly-problem-republicans-n1278724
The GOP is holding the debt limit hostage in protest of Joe Biden's spending plan, risking America's credit rating like under Barack Obama ...
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55 US Debt Ceiling: What's Behind the Latest Crisis in Washington?
https://www.voanews.com/a/us-debt-ceiling-what-s-behind-the-latest-crisis-in-washington-/6262333.html
› us-debt-ceiling-what-s-behi...
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56 US may default before Christmas if debt ceiling isn't raised
https://thehill.com/policy/finance/582083-us-may-default-before-christmas-if-debt-ceiling-isnt-raised-analysis/
The federal government has a 50-50 chance of defaulting on the national debt if lawmakers don't raise or suspend the borrowing limit before ...
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57 The looming debt ceiling fight, explained - Vox
https://www.vox.com/policy-and-politics/2017/8/9/16112364/debt-ceiling-explained
Back in 2011, the federal government's statutory debt ceiling, an obsolete vestige of World War I-era public finance, was successfully ...
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58 The US debt ceiling: What it is and how Congress avoided US ...
https://www.cnet.com/personal-finance/the-us-debt-ceiling-what-it-is-and-how-congress-avoided-us-default-in-2021/
› personal-finance › the-us-debt-...
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59 A GOP House majority and the debt ceiling may destabilize ...
https://www.grid.news/story/politics/2022/10/19/how-a-republican-house-majority-and-the-debt-ceiling-could-destabilize-the-economy-next-year/
House Minority Leader Kevin McCarthy vowed Republicans would use the debt ceiling, which needs to be raised in 2023, as a bargaining chip to ...
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60 Treasury Secretary Yellen sets new debt ceiling deadline of ...
https://www.nbcnews.com/politics/congress/treasury-secretary-yellen-sets-new-debt-ceiling-deadline-dec-15-n1284004
Treasury Secretary Janet Yellen set a new debt ceiling deadline but pressed lawmakers for an immediate fix to avoid a financial crisis.
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61 Latest News & Videos, Photos about us debt ceiling
https://economictimes.indiatimes.com/topic/us-debt-ceiling
us debt ceiling Latest Breaking News, Pictures, Videos, and Special Reports from The Economic Times. us debt ceiling Blogs, Comments and Archive News on ...
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62 The Not-So-Happy Anniversary of the Debt-Ceiling Crisis
https://www.theatlantic.com/politics/archive/2012/07/the-not-so-happy-anniversary-of-the-debt-ceiling-crisis/260458/
› archive › 2012/07 › the-...
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63 What Congress Is Doing By Suspending The Debt Ceiling
https://www.forbes.com/sites/rachelsandler/2019/07/22/what-congress-doing-when-it-suspends-the-debt-ceiling/
› rachelsandler › 2019/07/22
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64 The History of the US Debt Ceiling | NEST Financial
https://nestfinancial.net/the-history-of-the-us-debt-ceiling/
Coupled with the debates about the debt ceiling are conversations about when the Fed will begin tapering, or reducing the assets that they are purchasing to ...
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65 U.S. Debt Ceiling: Costs and Consequences
https://www.cfr.org/backgrounder/us-debt-ceiling-costs-and-consequences
As the U.S. approaches the deadline to raise its debt limit, economists warn of a fiscal crisis and steeply higher borrowing costs for U.S. ...
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66 The chances of a messy debt ceiling fight have gone up ...
https://news.yahoo.com/the-chances-of-a-messy-debt-ceiling-fight-have-gone-up-because-of-the-midterms-174447566.html
The coming debt limit fight in Congress was always going to be challenging, but the results of this week's midterm elections could make the ...
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67 Abolish the debt ceiling before it commits austerity again
https://www.epi.org/blog/abolish-the-debt-ceiling-before-it-commits-austerity-again-the-gop-used-the-debt-ceiling-to-force-spending-cuts-in-2011-it-cant-be-allowed-again/
› blog › abolish-the-debt-ceiling-b...
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68 Debt Ceiling Update: What's at Stake
https://www.pgpf.org/analysis/2021/12/debt-ceiling-update-whats-at-stake
On December 16, 2021, President Biden signed legislation increasing the debt limit by $2.5 trillion to a total ceiling, or cap, ...
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69 What Is the Debt Ceiling? - Ramsey Solutions
https://www.ramseysolutions.com/taxes/debt-ceiling
Believe it or not, the government does have a debt limit (shocking, we know). Here's everything you need to know about this thing called the ...
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70 What is the debt ceiling? | Manulife Investment Management
https://www.manulifeim.com/retail/ca/en/viewpoints/investor-education/what-is-the-debt-ceiling-and-does-it-matter
Congress is once again debating whether to expand the level of U.S. borrowing. We look at the origins of the debt ceiling legislation, ...
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71 Should there be a debt ceiling? - The San Diego Union-Tribune
https://www.sandiegouniontribune.com/business/story/2021-10-15/should-there-be-a-debt-ceiling
› business › story
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72 Controversy Around the Debt Ceiling: Why Does it Still Exist?
https://sites.lsa.umich.edu/mje/2021/11/23/controversy-around-the-debt-ceiling-why-does-it-still-exist/
› mje › 2021/11/23 › controv...
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73 Why America has a debt ceiling: five questions answered
https://www.virginiamercury.com/2021/09/23/why-america-has-a-debt-ceiling-five-questions-answered/
By Steven Pressman, Monmouth University. Republicans and Democrats are again waging a battle of wills over the U.S. debt ceiling, which is a ...
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74 Democrats Want an Overhaul of the Debt Ceiling to Avoid ...
https://www.govexec.com/management/2022/02/debt-ceiling-overhaul-democrats/362074/
› management › 2022/02 › d...
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75 The Debt Ceiling, Explained: What It Is and ... - Business Insider
https://www.businessinsider.com/what-is-debt-ceiling-explained-democrats-republicans-government-spending-borrowing-2021-9
Senate Republicans are on the verge of blocking a debt limit hike. The stakes are incredibly high, but lawmakers are at an impasse.
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76 Sorry, Everyone, but Congress Is Bringing Back Debt Ceiling ...
https://newrepublic.com/article/163636/congress-debt-ceiling-janet-yellen
› article › congress-debt-ceilin...
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77 U.S. National Debt Clock : Real Time
https://www.usdebtclock.org/
US National Debt Clock : Real Time U.S. National Debt Clock.
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78 Why America has a debt ceiling: 5 questions answered
https://theconversation.com/why-america-has-a-debt-ceiling-5-questions-answered-164977
Republicans and Democrats are again waging a battle of wills over the U.S. debt ceiling, which is a statutory limit on how much the ...
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79 What is the debt ceiling? How government default could affect ...
https://abc7chicago.com/us-debt-ceiling-national-what-is-the-social-security/11075115/
The debt ceiling is a cap on the amount of money the U.S. government can borrow to pay its debts. Every year, Congress passes a budget that ...
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80 In-Depth: What is the debt ceiling and why you should care
https://www.abcactionnews.com/news/national/in-depth-what-is-the-debt-ceiling-and-why-you-should-care
Once the debt limit is hit, the federal government cannot legally borrow any more money. The government could use cash on hand and any new ...
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81 Legalese: The Debt Ceiling | By Georgetown Law - Facebook
https://www.facebook.com/georgetownlaw/videos/legalese-the-debt-ceiling/356995741641020/
› ... › Videos
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82 RAMPELL: The debt-ceiling time bomb is ticking faster than ...
https://www.daily-journal.com/opinion/rampell-the-debt-ceiling-time-bomb-is-ticking-faster-than-congress-realizes/article_73918866-6d0a-11ed-9c21-8f46bc9c8696.html
The best time to raise (or, better yet, eliminate) the federal debt ceiling was yesterday. The second-best time: today.
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83 House Debate on Extending Debt Ceiling Until December 3
https://www.c-span.org/video/?515258-3/house-approves-extension-debt-limit-december-3-219-206
› video › house-approves-extensi...
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84 The looming debt-ceiling showdown: What you need to know
https://www.politifact.com/article/2021/sep/22/looming-debt-ceiling-showdown-what-you-need-know/
For President Joe Biden and congressional leaders, time is running out to increase the nation's debt ceiling.
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85 The federal debt ceiling needs to be raised | Chronicle Telegram
https://chroniclet.com/news/334222/the-federal-debt-ceiling-needs-to-be-raised/
The national debt isn't money set aside for future spending. It's money that the government, under both Republican and Democratic presidents and ...
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86 The Debt Limit: History and Recent Increases
https://sgp.fas.org/crs/misc/RL31967.pdf
Federal debt accumulates when the government sells debt to the public to finance budget deficits and to meet federal obligations or when it ...
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87 The debt-ceiling time bomb is ticking ... - InsuranceNewsNet
https://insurancenewsnet.com/oarticle/the-debt-ceiling-time-bomb-is-ticking-faster-than-congress-realizes
Unfortunately, that tomorrow might arrive much quicker than lawmakers realize. The debt limit is the amount Uncle Sam can legally borrow to pay ...
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88 Staring Down the Debt Limit | Econofact
https://econofact.org/staring-down-the-debt-limit
› staring-down-the-debt-limit
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89 Debt Ceiling, Explained | Teen Vogue
https://www.teenvogue.com/story/debt-ceiling-explained
Political conversations about “debt” or “tax reform” can be hard to understand, especially when lawmakers and administration officials in ...
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90 Republicans Double Down on Threat to Crash Economy to ...
https://democrats.org/news/republicans-double-down-on-threat-to-crash-economy-to-gut-social-security-medicare/
› news › republicans-double-dow...
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91 The debt-ceiling time bomb is ticking ... - standard-journal.com
https://www.standard-journal.com/opinion/article_f5281cae-1cbb-581f-a373-b622c8980d57.html
23 hours ago —
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92 Federal Debt Has Reached its Ceiling. What Does That Mean?
https://www.gao.gov/blog/federal-debt-has-reached-its-ceiling.-what-does-mean
In the Bipartisan Budget Act of 2019, Congress suspended the federal debt ceiling through July 31, 2021. As of August 1, federal debt has ...
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93 Understanding the National Debt and the Debt Ceiling
https://www.taxpayer.net/budget-appropriations-tax/understanding-national-debt-debt-ceiling/
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94 Raising the US National Debt Ceiling - Crisis Definition & History
https://www.moneycrashers.com/raising-national-federal-debt-ceiling-definition/
Ready for the next debt ceiling crisis? Well, it's here! Learn the history and the ongoing drama between the Congressional Democrats and Republicans.
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95 The Debt Limit - AAF - The American Action Forum
https://www.americanactionforum.org/daily-dish/the-debt-limit/
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