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Google Keyword Rankings for : should debt ceiling be raised
1
The Debt Ceiling: An Explainer - House Budget Committee
https://budget.house.gov/publications/fact-sheet/debt-ceiling-explainer
A debt ceiling does not constrain federal spending or the amount we need to borrow; it simply restricts Treasury's ability to honor ...
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https://budget.house.gov/publications/fact-sheet/debt-ceiling-explainer
A debt ceiling does not constrain federal spending or the amount we need to borrow; it simply restricts Treasury's ability to honor ...
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2
Why Congress needs to abolish the debt limit
https://www.brookings.edu/testimonies/why-congress-needs-to-abolish-the-debt-limit-testimony-before-the-house-budget-committee/
The only practical resolution to a debt ceiling impasse is to raise or suspend the debt ceiling. The question is just how long that takes and ...
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https://www.brookings.edu/testimonies/why-congress-needs-to-abolish-the-debt-limit-testimony-before-the-house-budget-committee/
The only practical resolution to a debt ceiling impasse is to raise or suspend the debt ceiling. The question is just how long that takes and ...
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3
Debt Limit Threats Would Put the Global Economy at Risk
https://www.cbpp.org/blog/debt-limit-threats-would-put-the-global-economy-at-risk
Congress should therefore raise, suspend, or abolish the debt ceiling in a timely way and should not engage in reckless brinksmanship by ...
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https://www.cbpp.org/blog/debt-limit-threats-would-put-the-global-economy-at-risk
Congress should therefore raise, suspend, or abolish the debt ceiling in a timely way and should not engage in reckless brinksmanship by ...
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4
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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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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5
Debt Limit | U.S. Department of the Treasury
https://home.treasury.gov/policy-issues/financial-markets-financial-institutions-and-fiscal-service/debt-limit
Congress has always acted when called upon to raise the debt limit. Since 1960, Congress has acted 78 separate times to permanently raise, ...
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https://home.treasury.gov/policy-issues/financial-markets-financial-institutions-and-fiscal-service/debt-limit
Congress has always acted when called upon to raise the debt limit. Since 1960, Congress has acted 78 separate times to permanently raise, ...
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6
What Is the Debt Ceiling and Why Does Congress Need to ...
https://www.wsj.com/articles/debt-ceiling-deadline-11627913756
15, putting Congress on the clock to again raise or suspend the federal borrowing limit. Treasury Secretary Janet Yellen, in mid-November, ...
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https://www.wsj.com/articles/debt-ceiling-deadline-11627913756
15, putting Congress on the clock to again raise or suspend the federal borrowing limit. Treasury Secretary Janet Yellen, in mid-November, ...
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7
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 debt limit is a ceiling imposed by Congress on the amount of debt that the U.S. Federal government can have outstanding. This limit has been ...
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https://www.whitehouse.gov/cea/written-materials/2021/10/06/the-debt-ceiling-an-explainer/
The debt limit is a ceiling imposed by Congress on the amount of debt that the U.S. Federal government can have outstanding. This limit has been ...
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8
GOP debt ceiling threats set to revive brinkmanship with White ...
https://www.washingtonpost.com/us-policy/2022/10/25/gop-debt-ceiling-threats-set-revive-brinkmanship-with-white-house/
The total national debt is $31 trillion. Last December, Congress raised the limit by $2.5 trillion, and current estimates suggest the debt could ...
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https://www.washingtonpost.com/us-policy/2022/10/25/gop-debt-ceiling-threats-set-revive-brinkmanship-with-white-house/
The total national debt is $31 trillion. Last December, Congress raised the limit by $2.5 trillion, and current estimates suggest the debt could ...
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9
Here's what the debt ceiling is and why Congress is ... - NPR
https://www.npr.org/2021/09/24/1031701538/congress-debt-ceiling-explainer
It's the limit on how much money the federal government can borrow. Or to be more precise, the limit on how much the federal government will be ...
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https://www.npr.org/2021/09/24/1031701538/congress-debt-ceiling-explainer
It's the limit on how much money the federal government can borrow. Or to be more precise, the limit on how much the federal government will be ...
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10
What the debt ceiling is, and why you should care about it
https://abcnews.go.com/Politics/debt-ceiling-care/story?id=80288518
Since the debt ceiling system was instituted in 1917, Congress has never not raised the debt ceiling. Congress has voted 80 times to raise or ...
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https://abcnews.go.com/Politics/debt-ceiling-care/story?id=80288518
Since the debt ceiling system was instituted in 1917, Congress has never not raised the debt ceiling. Congress has voted 80 times to raise or ...
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11
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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https://www.usnews.com/news/slideshows/6-consequences-if-the-debt-ceiling-isnt-raised
› News
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12
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
NO: The level of federal debt reflects past tax and spending decisions. The ceiling has been repeatedly raised in the past when the level of ...
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https://www.sandiegouniontribune.com/business/story/2021-10-15/should-there-be-a-debt-ceiling
NO: The level of federal debt reflects past tax and spending decisions. The ceiling has been repeatedly raised in the past when the level of ...
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13
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/
Higher interest payments that put stress on the federal government's ability to pay and raise the cost of capital for private businesses is the ...
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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/
Higher interest payments that put stress on the federal government's ability to pay and raise the cost of capital for private businesses is the ...
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14
Biden signs debt ceiling increase, preventing first-ever U.S. ...
https://www.cnbc.com/2021/12/16/biden-signs-debt-ceiling-increase-preventing-first-ever-us-default.html
Democrats raised the debt ceiling this week without Republican support. The GOP voted to allow Democrats to lift the borrowing limit with a ...
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https://www.cnbc.com/2021/12/16/biden-signs-debt-ceiling-increase-preventing-first-ever-us-default.html
Democrats raised the debt ceiling this week without Republican support. The GOP voted to allow Democrats to lift the borrowing limit with a ...
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15
Federal Debt Has Reached its Ceiling. What Does That Mean?
https://www.gao.gov/blog/federal-debt-has-reached-its-ceiling.-what-does-mean
Delays in raising the debt ceiling can disrupt financial markets, increase U.S. borrowing costs, and threaten the full faith and credit of ...
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https://www.gao.gov/blog/federal-debt-has-reached-its-ceiling.-what-does-mean
Delays in raising the debt ceiling can disrupt financial markets, increase U.S. borrowing costs, and threaten the full faith and credit of ...
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16
Biden Can Raise the Debt Ceiling Without Congress
https://washingtonmonthly.com/2022/11/22/biden-can-raise-the-debt-ceiling-without-congress/
So the level of debt set by the ceiling bears no relation to the level of spending set by appropriations and entitlements. Washington must make ...
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https://washingtonmonthly.com/2022/11/22/biden-can-raise-the-debt-ceiling-without-congress/
So the level of debt set by the ceiling bears no relation to the level of spending set by appropriations and entitlements. Washington must make ...
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17
Debt Limit Showdown Looms as White House Braces for a ...
https://www.nytimes.com/2022/11/03/business/biden-debt-limit-shutdown.html
The lack of a replacement is one of the main reasons the debt ceiling has persisted. The United States could follow the Denmark model and raise ...
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https://www.nytimes.com/2022/11/03/business/biden-debt-limit-shutdown.html
The lack of a replacement is one of the main reasons the debt ceiling has persisted. The United States could follow the Denmark model and raise ...
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18
Debt ceiling fights aren't new. The next one could unleash ...
https://www.cnn.com/2022/10/29/investing/us-treasuries-risk
“The debt ceiling is probably the biggest institutional quirk in the US that carries with it some global risk and risk to the Treasury market,” ...
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https://www.cnn.com/2022/10/29/investing/us-treasuries-risk
“The debt ceiling is probably the biggest institutional quirk in the US that carries with it some global risk and risk to the Treasury market,” ...
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19
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
Some Democrats have floated more aggressive proposals, including giving the administration unilateral power to lift the debt ceiling, raising it ...
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https://www.politico.com/news/2022/11/03/biden-world-lame-duck-debt-ceiling-2024-00064887
Some Democrats have floated more aggressive proposals, including giving the administration unilateral power to lift the debt ceiling, raising it ...
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20
Debt Limit Analysis | Bipartisan Policy Center
https://bipartisanpolicy.org/debt-limit/
Following a lengthy government shutdown, the debt limit is increased to nearly $6 trillion as part of the Balanced Budget Act of 1997. Other provisions in the ...
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https://bipartisanpolicy.org/debt-limit/
Following a lengthy government shutdown, the debt limit is increased to nearly $6 trillion as part of the Balanced Budget Act of 1997. Other provisions in the ...
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21
The U.S. debt ceiling, explained | PBS NewsHour
https://www.pbs.org/newshour/show/the-u-s-debt-ceiling-explained
To address the debt ceiling, Congress has two options. They can either raise the debt limit by setting a new dollar figure for total borrowing, ...
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https://www.pbs.org/newshour/show/the-u-s-debt-ceiling-explained
To address the debt ceiling, Congress has two options. They can either raise the debt limit by setting a new dollar figure for total borrowing, ...
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22
Worried About Federal Debt? Then Raise Taxes, Cut ... - Forbes
https://www.forbes.com/sites/taxnotes/2022/11/17/worried-about-federal-debt-then-raise-taxes-cut-spending-and-abolish-the-debt-ceiling/
Joseph J. Thorndike explains why the U.S. debt limit should be abolished. ... Then Raise Taxes, Cut Spending, And Abolish The Debt Ceiling.
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https://www.forbes.com/sites/taxnotes/2022/11/17/worried-about-federal-debt-then-raise-taxes-cut-spending-and-abolish-the-debt-ceiling/
Joseph J. Thorndike explains why the U.S. debt limit should be abolished. ... Then Raise Taxes, Cut Spending, And Abolish The Debt Ceiling.
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23
Not Raising the Debt Ceiling Would Worsen the Fiscal Situation
https://www.urban.org/sites/default/files/publication/26946/1001527-Not-Raising-the-Debt-Ceiling-Would-Worsen-the-Fiscal-Situation.pdf
discusses the urgent need to raise the U.S. debt ceiling. ... whole question about raising the debt limit — whether Congress should allow the government to.
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https://www.urban.org/sites/default/files/publication/26946/1001527-Not-Raising-the-Debt-Ceiling-Would-Worsen-the-Fiscal-Situation.pdf
discusses the urgent need to raise the U.S. debt ceiling. ... whole question about raising the debt limit — whether Congress should allow the government to.
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24
What's at Stake in the Debt Ceiling Showdown
https://www.cfr.org/in-brief/whats-stake-debt-ceiling-showdown
It is important to understand that the debt ceiling is not actually a limit on spending, but a limit on the Department of the Treasury's ability ...
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https://www.cfr.org/in-brief/whats-stake-debt-ceiling-showdown
It is important to understand that the debt ceiling is not actually a limit on spending, but a limit on the Department of the Treasury's ability ...
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25
What Is the Debt Ceiling, and Why Does It Matter?
https://chamberhill.com/what-is-the-debt-ceiling-and-why-does-it-matter/
Indeed, hitting the debt ceiling would mean the federal government would eventually be unable to make its debt payments after a certain period ...
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https://chamberhill.com/what-is-the-debt-ceiling-and-why-does-it-matter/
Indeed, hitting the debt ceiling would mean the federal government would eventually be unable to make its debt payments after a certain period ...
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26
United States debt ceiling - Wikipedia
https://en.wikipedia.org/wiki/United_States_debt_ceiling
The United States debt ceiling or debt limit is a legislative limit on the amount of national debt that can be incurred by the U.S. Treasury, thus limiting ...
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https://en.wikipedia.org/wiki/United_States_debt_ceiling
The United States debt ceiling or debt limit is a legislative limit on the amount of national debt that can be incurred by the U.S. Treasury, thus limiting ...
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27
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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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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28
The reason Democrats should increase the debt ceiling ... - Vox
https://www.vox.com/policy-and-politics/2022/10/25/23423216/democrats-debt-ceiling-lame-duck-kevin-mccarthy
Addressing the debt ceiling, which essentially involves increasing the amount that the United States is able to borrow, is a routine ...
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https://www.vox.com/policy-and-politics/2022/10/25/23423216/democrats-debt-ceiling-lame-duck-kevin-mccarthy
Addressing the debt ceiling, which essentially involves increasing the amount that the United States is able to borrow, is a routine ...
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29
Democrats must protect Social Security by raising the debt ...
https://thehill.com/opinion/congress-blog/3743310-democrats-must-protect-social-security-by-raising-the-debt-ceiling/
Democrats should lift (or better yet, eliminate) the debt limit before the end of the year. That will protect Social Security, Medicare, and ...
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https://thehill.com/opinion/congress-blog/3743310-democrats-must-protect-social-security-by-raising-the-debt-ceiling/
Democrats should lift (or better yet, eliminate) the debt limit before the end of the year. That will protect Social Security, Medicare, and ...
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30
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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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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31
A Bid By Democrats to Raise the US Debt Ceiling This Year Is ...
https://www.bloomberg.com/news/articles/2022-11-16/bid-to-raise-us-debt-ceiling-this-year-faltering-as-gop-balks
A bid by Democrats to raise the US debt ceiling before the end of the year and before Republicans take over the House is quickly fading, ...
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https://www.bloomberg.com/news/articles/2022-11-16/bid-to-raise-us-debt-ceiling-this-year-faltering-as-gop-balks
A bid by Democrats to raise the US debt ceiling before the end of the year and before Republicans take over the House is quickly fading, ...
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32
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/
Congress must raise the debt ceiling next year. That said, raising the debt ceiling does not constitute new spending but merely allows the ...
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https://www.americanprogress.org/article/gop-members-of-congress-threaten-debt-limit-default-to-cut-social-security-and-medicare/
Congress must raise the debt ceiling next year. That said, raising the debt ceiling does not constitute new spending but merely allows the ...
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33
Nullifying the Debt Ceiling Threat Once and for All
https://scholarship.law.ufl.edu/facultypub/945/
... even if the economy were to return to full employment -- everyone knew that the debt ceiling would have to be raised by the beginning of 2013, ...
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https://scholarship.law.ufl.edu/facultypub/945/
... even if the economy were to return to full employment -- everyone knew that the debt ceiling would have to be raised by the beginning of 2013, ...
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34
Scoop: Biden officials discussing lame-duck debt ceiling deal
https://www.axios.com/2022/10/25/debt-ceiling-lame-duck-house-republicans
Senate Majority Leader Chuck Schumer (D-N.Y.) will likely need 60 votes in the Senate to raise the debt limit above its current $31.4 trillion, ...
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https://www.axios.com/2022/10/25/debt-ceiling-lame-duck-house-republicans
Senate Majority Leader Chuck Schumer (D-N.Y.) will likely need 60 votes in the Senate to raise the debt limit above its current $31.4 trillion, ...
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35
The federal debt ceiling needs to be raised | Chronicle Telegram
https://chroniclet.com/news/334222/the-federal-debt-ceiling-needs-to-be-raised/
The idea of a debt ceiling is, in theory, reasonable. The federal government should be judicious in its spending, and having a cap should serve ...
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https://chroniclet.com/news/334222/the-federal-debt-ceiling-needs-to-be-raised/
The idea of a debt ceiling is, in theory, reasonable. The federal government should be judicious in its spending, and having a cap should serve ...
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36
What's going on with the debt ceiling? - CBS News
https://www.cbsnews.com/news/debt-ceiling-limit-filibuster-latest-2021-10-07/
The U.S. was careening toward its first-ever default in the absence of a deal to raise or suspend the nation's debt limit, allowing the ...
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https://www.cbsnews.com/news/debt-ceiling-limit-filibuster-latest-2021-10-07/
The U.S. was careening toward its first-ever default in the absence of a deal to raise or suspend the nation's debt limit, allowing the ...
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37
Debt Ceiling Update: What's at Stake
https://www.pgpf.org/analysis/2021/12/debt-ceiling-update-whats-at-stake
The study found that if the debt limit had caused even a brief restriction on borrowing at that time, the economy could have been pushed back ...
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https://www.pgpf.org/analysis/2021/12/debt-ceiling-update-whats-at-stake
The study found that if the debt limit had caused even a brief restriction on borrowing at that time, the economy could have been pushed back ...
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38
Capito, Republican Colleagues Pledge to Not Raise Debt ...
https://www.capito.senate.gov/news/press-releases/capito-republican-colleagues-pledge-to-not-raise-debt-ceiling
In order for this spending to occur, our nation's debt limit will have to be increased significantly. Because Democrats are responsible for the ...
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https://www.capito.senate.gov/news/press-releases/capito-republican-colleagues-pledge-to-not-raise-debt-ceiling
In order for this spending to occur, our nation's debt limit will have to be increased significantly. Because Democrats are responsible for the ...
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39
What would happen if the U.S. doesn't raise the debt ceiling?
https://www.wpxi.com/news/trending/what-would-happen-if-us-doesnt-raise-debt-ceiling/CITOB3PFNNAWXMJ6IUYK7A3EJI/
To raise the debt limit means to allow the government to borrow more money to fund the programs currently in place. Congress must approve ...
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https://www.wpxi.com/news/trending/what-would-happen-if-us-doesnt-raise-debt-ceiling/CITOB3PFNNAWXMJ6IUYK7A3EJI/
To raise the debt limit means to allow the government to borrow more money to fund the programs currently in place. Congress must approve ...
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40
Debt Ceiling Deadline and the Markets | U.S. Bank
https://www.usbank.com/investing/financial-perspectives/market-news/debt-ceiling-and-the-markets.html
An issue frequently confronting the U.S. Congress is the need to raise the debt limit ceiling, which allows the federal government to ...
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https://www.usbank.com/investing/financial-perspectives/market-news/debt-ceiling-and-the-markets.html
An issue frequently confronting the U.S. Congress is the need to raise the debt limit ceiling, which allows the federal government to ...
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41
Why America has a debt ceiling: 5 questions answered
https://theconversation.com/why-america-has-a-debt-ceiling-5-questions-answered-164977
Like the rest of us, governments must borrow when they spend more money than they receive. They do so by issuing bonds, which are effectively ...
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https://theconversation.com/why-america-has-a-debt-ceiling-5-questions-answered-164977
Like the rest of us, governments must borrow when they spend more money than they receive. They do so by issuing bonds, which are effectively ...
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42
Debt Limit Appears Unlimited - Federal Budget in Pictures
https://www.federalbudgetinpictures.com/debt-limit-appears-unlimited/
The debt ceiling or debt limit is supposed to ensure that Congress is confronted with the consequences of out-of-control spending and borrowing in Washington.
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https://www.federalbudgetinpictures.com/debt-limit-appears-unlimited/
The debt ceiling or debt limit is supposed to ensure that Congress is confronted with the consequences of out-of-control spending and borrowing in Washington.
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43
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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https://www.theguardian.com/news/datablog/2011/jul/15/us-debt-ceiling-historic
› Datablog
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44
As new debt limit showdown looms, lawmakers consider long ...
https://www.nbcnews.com/politics/congress/new-debt-limit-showdown-looms-lawmakers-consider-long-term-solutions-n1284101
The debt ceiling limits how much the government can borrow to pay its bills. Since the end of World War II, Congress has passed nearly 100 debt ...
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https://www.nbcnews.com/politics/congress/new-debt-limit-showdown-looms-lawmakers-consider-long-term-solutions-n1284101
The debt ceiling limits how much the government can borrow to pay its bills. Since the end of World War II, Congress has passed nearly 100 debt ...
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45
Treasury Secretary Yellen Warns Congress to Raise Debt ...
https://www.businessinsider.com/treasury-secretary-yellen-warns-congress-to-raise-debt-ceiling-2021-11
Congressional failure to raise the debt ceiling could 'eviscerate' pandemic recovery, warns Treasury Secretary Janet Yellen.
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https://www.businessinsider.com/treasury-secretary-yellen-warns-congress-to-raise-debt-ceiling-2021-11
Congressional failure to raise the debt ceiling could 'eviscerate' pandemic recovery, warns Treasury Secretary Janet Yellen.
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46
Federal Debt and the Statutory Limit, September 2021
https://www.cbo.gov/publication/57517
P.L. 116-37 specified that the amount of borrowing that occurred during the suspension of the debt limit would be added to the previous ceiling ...
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https://www.cbo.gov/publication/57517
P.L. 116-37 specified that the amount of borrowing that occurred during the suspension of the debt limit would be added to the previous ceiling ...
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47
How to defuse the debt ceiling for generations to come | PIIE
https://www.piie.com/blogs/realtime-economic-issues-watch/how-defuse-debt-ceiling-generations-come
If Congress someday fails to raise the debt ceiling in a timely manner, the US Treasury will be forced to default, and the federal government ...
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https://www.piie.com/blogs/realtime-economic-issues-watch/how-defuse-debt-ceiling-generations-come
If Congress someday fails to raise the debt ceiling in a timely manner, the US Treasury will be forced to default, and the federal government ...
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48
What is the debt ceiling? Yahoo U explains.
https://news.yahoo.com/what-is-the-debt-ceiling-yahoo-u-194931630.html
The debt ceiling was first enacted in 1917 and establishes an aggregate limit on the amount that the U.S. government is allowed to borrow. The ...
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https://news.yahoo.com/what-is-the-debt-ceiling-yahoo-u-194931630.html
The debt ceiling was first enacted in 1917 and establishes an aggregate limit on the amount that the U.S. government is allowed to borrow. The ...
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49
The debt ceiling “dance” is coming up. How did it start?
https://www.marketplace.org/2021/06/16/the-debt-ceiling-dance-is-coming-up-how-did-it-start/
Congress has to vote to raise or suspend the ceiling on the total amount of debt the government can run up. It always does, but only after a lot ...
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https://www.marketplace.org/2021/06/16/the-debt-ceiling-dance-is-coming-up-how-did-it-start/
Congress has to vote to raise or suspend the ceiling on the total amount of debt the government can run up. It always does, but only after a lot ...
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50
U.S. Congress approves measure to raise debt ceiling ahead ...
http://www.news.cn/english/2021-12/15/c_1310374477.htm
The Bipartisan Policy Center, a Washington, D.C.-based think tank, estimated earlier this month that the federal government could be unable to ...
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http://www.news.cn/english/2021-12/15/c_1310374477.htm
The Bipartisan Policy Center, a Washington, D.C.-based think tank, estimated earlier this month that the federal government could be unable to ...
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51
Chuck Grassley says Democrats should raise debt ceiling ...
https://www.desmoinesregister.com/story/news/politics/2021/09/29/chuck-grassley-democrats-pass-debt-ceiling-increase-without-gop-spending-plan/5917734001/
U.S. Sen. Chuck Grassley said Wednesday that Democrats should raise the nation's debt ceiling on their own since they are pushing new ...
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https://www.desmoinesregister.com/story/news/politics/2021/09/29/chuck-grassley-democrats-pass-debt-ceiling-increase-without-gop-spending-plan/5917734001/
U.S. Sen. Chuck Grassley said Wednesday that Democrats should raise the nation's debt ceiling on their own since they are pushing new ...
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52
US Debt Ceiling and Its Current Status - The Balance
https://www.thebalancemoney.com/u-s-debt-ceiling-why-it-matters-past-crises-3305868
The debt ceiling is the limit that Congress imposes on how much national debt the federal government can carry at any given time. Congress must ...
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https://www.thebalancemoney.com/u-s-debt-ceiling-why-it-matters-past-crises-3305868
The debt ceiling is the limit that Congress imposes on how much national debt the federal government can carry at any given time. Congress must ...
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53
Biden dismisses calls for abolishing debt limit
https://www.rollcall.com/2022/10/21/biden-dismisses-calls-for-abolishing-debt-limit/
Biden signed legislation in December 2021 raising the debt limit by $2.5 trillion to $31.4 trillion. The Bipartisan Policy Center currently ...
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https://www.rollcall.com/2022/10/21/biden-dismisses-calls-for-abolishing-debt-limit/
Biden signed legislation in December 2021 raising the debt limit by $2.5 trillion to $31.4 trillion. The Bipartisan Policy Center currently ...
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54
What does it mean for the Senate to raise the debt ceiling in ...
https://en.as.com/en/2021/12/15/latest_news/1639525859_138148.html
The debt ceiling is the limit that Congress imposes on the federal government, ensuring that the government cannot borrow more than a certain ...
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https://en.as.com/en/2021/12/15/latest_news/1639525859_138148.html
The debt ceiling is the limit that Congress imposes on the federal government, ensuring that the government cannot borrow more than a certain ...
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55
Answering the Top Debt Ceiling Questions - LPL Financial
https://www.lpl.com/newsroom/read/weekly-market-commentary-answering-top-debt-ceiling-questions.html
While failing to raise the debt ceiling was extremely unlikely, if it had happened it could have potentially done considerable damage to ...
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https://www.lpl.com/newsroom/read/weekly-market-commentary-answering-top-debt-ceiling-questions.html
While failing to raise the debt ceiling was extremely unlikely, if it had happened it could have potentially done considerable damage to ...
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56
The nation's debt limit serves no purpose. It should be ...
https://www.penncapital-star.com/commentary/the-nations-debt-limit-serves-no-purpose-it-should-be-eliminated-bruce-ledewitz/
As explained in a House Budget report in February, the debt limit is a federal statute that places a ceiling on the amount of government ...
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https://www.penncapital-star.com/commentary/the-nations-debt-limit-serves-no-purpose-it-should-be-eliminated-bruce-ledewitz/
As explained in a House Budget report in February, the debt limit is a federal statute that places a ceiling on the amount of government ...
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57
Republicans May Leave the Democrats Holding the Bag on ...
https://www.voanews.com/a/usa_republicans-may-leave-democrats-holding-bag-raising-debt-ceiling/6208599.html
“So long as we keep borrowing money, we're going to have to keep raising the debt limit or suspending it,” he said.
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https://www.voanews.com/a/usa_republicans-may-leave-democrats-holding-bag-raising-debt-ceiling/6208599.html
“So long as we keep borrowing money, we're going to have to keep raising the debt limit or suspending it,” he said.
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58
Thirty-Two Years of Bipartisan Debt-Ceiling Raises
https://www.mercatus.org/publications/government-spending/thirty-two-years-bipartisan-debt-ceiling-raises
Simply raising the debt ceiling alone does nothing to address underlying drivers of our debt problem. The persistence of federal budget deficits ...
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https://www.mercatus.org/publications/government-spending/thirty-two-years-bipartisan-debt-ceiling-raises
Simply raising the debt ceiling alone does nothing to address underlying drivers of our debt problem. The persistence of federal budget deficits ...
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59
Democrats weigh end run around Republicans to raise debt limit
https://www.marketwatch.com/story/as-congress-returns-democrats-weigh-end-run-around-republicans-to-raise-debt-limit-11668451964
GOP has suggested using debt ceiling to force spending cuts ... “Democrats should fight back by making this lame-duck session of Congress ...
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https://www.marketwatch.com/story/as-congress-returns-democrats-weigh-end-run-around-republicans-to-raise-debt-limit-11668451964
GOP has suggested using debt ceiling to force spending cuts ... “Democrats should fight back by making this lame-duck session of Congress ...
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60
The First Debt Ceiling Crisis
https://www.newyorkfed.org/medialibrary/media/research/staff_reports/sr783.pdf?la=en
Treasury debt at the time amounted to $266 billion. 5 and officials speculated that Congress might have to raise the debt ceiling above $275 billion.
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https://www.newyorkfed.org/medialibrary/media/research/staff_reports/sr783.pdf?la=en
Treasury debt at the time amounted to $266 billion. 5 and officials speculated that Congress might have to raise the debt ceiling above $275 billion.
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61
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/
Failing to raise or suspend the debt limit, which is the amount of money the government is legally allowed to borrow, could have led to dire ...
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https://www.cnet.com/personal-finance/the-us-debt-ceiling-what-it-is-and-how-congress-avoided-us-default-in-2021/
Failing to raise or suspend the debt limit, which is the amount of money the government is legally allowed to borrow, could have led to dire ...
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62
What is the Debt Ceiling and its Effects | UpToUs - Up To Us
https://www.itsuptous.org/blog/what-debt-ceiling-and-its-effects
History shows that Congress has always raised or suspended the debt limit to avert sovereign default. However, reaching the debt ceiling could, ...
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https://www.itsuptous.org/blog/what-debt-ceiling-and-its-effects
History shows that Congress has always raised or suspended the debt limit to avert sovereign default. However, reaching the debt ceiling could, ...
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63
US Congress narrowly votes to raise debt limit - BBC News
https://www.bbc.com/news/world-us-canada-59661857
US lawmakers have voted to raise the national debt limit, just days before a potential US credit default. The measure, which President Joe ...
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https://www.bbc.com/news/world-us-canada-59661857
US lawmakers have voted to raise the national debt limit, just days before a potential US credit default. The measure, which President Joe ...
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64
What is the debt ceiling? How government default could affect ...
https://abc7chicago.com/us-debt-ceiling-national-what-is-the-social-security/11075115/
Since the debt ceiling system was instituted in 1917, Congress has never not raised the debt ceiling. Congress has voted 80 times to raise or ...
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https://abc7chicago.com/us-debt-ceiling-national-what-is-the-social-security/11075115/
Since the debt ceiling system was instituted in 1917, Congress has never not raised the debt ceiling. Congress has voted 80 times to raise or ...
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65
Debt Ceiling: 5 Devastating Consequences If Congress ...
https://www.bankrate.com/banking/federal-reserve/what-debt-ceiling-means-for-your-wallet/
If the debt limit isn't raised and the U.S. defaults, Yellen has said there could be “catastrophic economic consequences,” with borrowing rates ...
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https://www.bankrate.com/banking/federal-reserve/what-debt-ceiling-means-for-your-wallet/
If the debt limit isn't raised and the U.S. defaults, Yellen has said there could be “catastrophic economic consequences,” with borrowing rates ...
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66
The Debt Ceiling Explained: Why You Should Care - YouTube
https://www.youtube.com/watch?v=KXVetveXKBM
Wall Street Journal
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https://www.youtube.com/watch?v=KXVetveXKBM
Wall Street Journal
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67
Democrats and Republicans want the debt ceiling raised
https://www.usatoday.com/story/news/politics/2021/10/06/debt-ceiling-talks-congress-who-should-raise-limit/5996075001/
Lawmakers from both chambers agree the ceiling has to be raised or suspended so the U.S. can continue to pay its debts and to avoid economic ...
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https://www.usatoday.com/story/news/politics/2021/10/06/debt-ceiling-talks-congress-who-should-raise-limit/5996075001/
Lawmakers from both chambers agree the ceiling has to be raised or suspended so the U.S. can continue to pay its debts and to avoid economic ...
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68
A Reading List for Following the Debt Ceiling Drama
https://www.propublica.org/article/a-reading-list-for-following-the-debt-ceiling-drama
The U.S. credit rating might get downgraded, which could raise the cost of borrowing and cause panic in financial markets and dumping of U.S. ...
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https://www.propublica.org/article/a-reading-list-for-following-the-debt-ceiling-drama
The U.S. credit rating might get downgraded, which could raise the cost of borrowing and cause panic in financial markets and dumping of U.S. ...
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69
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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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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70
The Debt Limit: History and Recent Increases
https://www.everycrsreport.com/reports/RL31967.html
Thus, the Treasury could issue debt instruments with maturities that would ... The debt ceiling was raised to accommodate accumulating costs for World War ...
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https://www.everycrsreport.com/reports/RL31967.html
Thus, the Treasury could issue debt instruments with maturities that would ... The debt ceiling was raised to accommodate accumulating costs for World War ...
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71
Sorry, Everyone, but Congress Is Bringing Back Debt Ceiling ...
https://newrepublic.com/article/163636/congress-debt-ceiling-janet-yellen
Raising the debt ceiling does not spend any new money or incur any additional debt; rather, it allows the Treasury to borrow money to cover ...
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https://newrepublic.com/article/163636/congress-debt-ceiling-janet-yellen
Raising the debt ceiling does not spend any new money or incur any additional debt; rather, it allows the Treasury to borrow money to cover ...
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72
What Is the Debt Ceiling? - Ramsey Solutions
https://www.ramseysolutions.com/taxes/debt-ceiling
Aug 30, 2022 —
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https://www.ramseysolutions.com/taxes/debt-ceiling
Aug 30, 2022 —
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73
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
The Treasury Department said increasing the debt limit, “does not authorize new spending commitments.” Instead, increasing the debt limit allows ...
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https://www.abcactionnews.com/news/national/in-depth-what-is-the-debt-ceiling-and-why-you-should-care
The Treasury Department said increasing the debt limit, “does not authorize new spending commitments.” Instead, increasing the debt limit allows ...
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74
CHEAT SHEET: What to know about debt ceiling and its ...
https://www.elonnewsnetwork.com/article/2021/10/debt-ceiling-impacts-u-s-federal-government-cheat-sheet
Could you go into a little more detail about what the Gephardt rule is? “It's basically a parliamentarian rule that raised the debt ceiling when ...
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https://www.elonnewsnetwork.com/article/2021/10/debt-ceiling-impacts-u-s-federal-government-cheat-sheet
Could you go into a little more detail about what the Gephardt rule is? “It's basically a parliamentarian rule that raised the debt ceiling when ...
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75
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/
The U.S. government is approaching the legal limit on its borrowing capacity. ... If the debt ceiling isn't suspended or raised in the next week ...
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https://www.politifact.com/article/2021/sep/22/looming-debt-ceiling-showdown-what-you-need-know/
The U.S. government is approaching the legal limit on its borrowing capacity. ... If the debt ceiling isn't suspended or raised in the next week ...
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76
Deficit and debt ceiling (video) - Khan Academy
https://www.khanacademy.org/humanities/us-government-and-civics/american-civics-parent/american-civics/v/deficit-and-debt-ceiling
› ... › American civics
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https://www.khanacademy.org/humanities/us-government-and-civics/american-civics-parent/american-civics/v/deficit-and-debt-ceiling
› ... › American civics
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77
Editorial: The federal debt limit drama isn't a fight over spending
https://www.latimes.com/opinion/story/2021-07-29/the-federal-debt-limit-political-drama
Let's be clear right up front that the debate over increasing the debt limit is not about fiscal responsibility. In fact, failing to raise the ...
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https://www.latimes.com/opinion/story/2021-07-29/the-federal-debt-limit-political-drama
Let's be clear right up front that the debate over increasing the debt limit is not about fiscal responsibility. In fact, failing to raise the ...
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78
How the Debt Ceiling Not Being Raised Could Affect You
https://www.newsweek.com/debt-ceiling-explained-cost-normal-american-standoff-1636094
The brinkmanship between the Democrats and Republicans over raising the debt ceiling may sound like the stuff of high politics.
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https://www.newsweek.com/debt-ceiling-explained-cost-normal-american-standoff-1636094
The brinkmanship between the Democrats and Republicans over raising the debt ceiling may sound like the stuff of high politics.
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79
What Happens if Congress Fails to Raise or Suspend the Debt ...
https://www.clearygottlieb.com/news-and-insights/publication-listing/what-happens-if-congress-fails-to-raise-or-suspend-the-debt-ceiling
As lawmakers in Washington appear deadlocked on raising the country's debt ceiling, financial market participants may consider taking steps ...
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https://www.clearygottlieb.com/news-and-insights/publication-listing/what-happens-if-congress-fails-to-raise-or-suspend-the-debt-ceiling
As lawmakers in Washington appear deadlocked on raising the country's debt ceiling, financial market participants may consider taking steps ...
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80
EXPLAINER: Why the debt limit is again roiling Washington
https://apnews.com/article/debt-limit-explained-8c9cbcd3d0c4a8fe989a0110f5159f7c
If Congress fails to act, it creates the possibility of a default that could send financial markets crashing and the economy plunging into a ...
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https://apnews.com/article/debt-limit-explained-8c9cbcd3d0c4a8fe989a0110f5159f7c
If Congress fails to act, it creates the possibility of a default that could send financial markets crashing and the economy plunging into a ...
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81
US lawmakers nearing potential breakthrough on debt ceiling
https://www.ft.com/content/78586972-3088-47ad-b340-63a2a65510f8
“This is a time I think we should show American competence, not American incompetence,” he said. ... The US debt ceiling needs to be raised.
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https://www.ft.com/content/78586972-3088-47ad-b340-63a2a65510f8
“This is a time I think we should show American competence, not American incompetence,” he said. ... The US debt ceiling needs to be raised.
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82
What would happen if the U.S. doesn't raise the debt ceiling?
https://fortune.com/2021/10/05/debt-ceiling-warnings-us-government/
If Congress fails to raise the debt limit in the next two weeks, it could affect everything from Social Security payments to state funds to ...
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https://fortune.com/2021/10/05/debt-ceiling-warnings-us-government/
If Congress fails to raise the debt limit in the next two weeks, it could affect everything from Social Security payments to state funds to ...
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83
Raising the US National Debt Ceiling - Crisis Definition & History
https://www.moneycrashers.com/raising-national-federal-debt-ceiling-definition/
The debt ceiling does not control or limit the ability of the Federal Government to run deficits or incur obligations. It is instead “a limit on the ability to ...
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https://www.moneycrashers.com/raising-national-federal-debt-ceiling-definition/
The debt ceiling does not control or limit the ability of the Federal Government to run deficits or incur obligations. It is instead “a limit on the ability to ...
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84
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/
And with Senate Republicans opposed to assisting a long-term debt ceiling hike, Democrats may indeed have to raise it via reconciliation.
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https://fivethirtyeight.com/features/the-debt-ceiling-is-dangerous-but-its-probably-not-going-away-anytime-soon/
And with Senate Republicans opposed to assisting a long-term debt ceiling hike, Democrats may indeed have to raise it via reconciliation.
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85
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/
If the debt ceiling isn't raised before the Treasury exhausts its options, decisions will have to be made about who gets paid with daily tax ...
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https://www.virginiamercury.com/2021/09/23/why-america-has-a-debt-ceiling-five-questions-answered/
If the debt ceiling isn't raised before the Treasury exhausts its options, decisions will have to be made about who gets paid with daily tax ...
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86
Democrats Can Raise Debt Ceiling Via Reconciliation Bill
https://nymag.com/intelligencer/2021/10/democrats-can-raise-debt-ceiling-via-reconciliation-bill.html
The good news for Democrats: Senate parliamentarian Elizabeth MacDonough says they can raise the debt limit via the budget-reconciliation ...
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https://nymag.com/intelligencer/2021/10/democrats-can-raise-debt-ceiling-via-reconciliation-bill.html
The good news for Democrats: Senate parliamentarian Elizabeth MacDonough says they can raise the debt limit via the budget-reconciliation ...
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87
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 debt limit, or debt ceiling, is a restriction on how much the government can borrow to pay its bills. When Congress appropriates or directs ...
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https://usafacts.org/articles/whats-the-history-of-debt-ceiling-increases-in-the-us/
The debt limit, or debt ceiling, is a restriction on how much the government can borrow to pay its bills. When Congress appropriates or directs ...
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88
Debt Limit Q&A - FactCheck.org
https://www.factcheck.org/2021/09/debt-limit-qa/
“They are increasing the debt ceiling to make room for a $5.5 trillion Democratic Party wish list."
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https://www.factcheck.org/2021/09/debt-limit-qa/
“They are increasing the debt ceiling to make room for a $5.5 trillion Democratic Party wish list."
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89
Majority of Americans Say Congress Shouldn't Raise the Debt ...
https://morningconsult.com/2017/06/22/majority-americans-say-congress-shouldnt-raise-debt-ceiling/
While Treasury Secretary Steven Mnuchin has been telling lawmakers about the impending need to raise the debt ceiling, a new poll suggests ...
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https://morningconsult.com/2017/06/22/majority-americans-say-congress-shouldnt-raise-debt-ceiling/
While Treasury Secretary Steven Mnuchin has been telling lawmakers about the impending need to raise the debt ceiling, a new poll suggests ...
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90
US debt ceiling drama piles on yet more unwanted pressure
https://think.ing.com/articles/us-debt-ceiling-adding-to-the-strains/
If the ceiling hasn't been raised (or suspended again) by that point we will either need to see draconian cuts to government spending – the ...
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https://think.ing.com/articles/us-debt-ceiling-adding-to-the-strains/
If the ceiling hasn't been raised (or suspended again) by that point we will either need to see draconian cuts to government spending – the ...
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91
Congress raising the debt ceiling is suddenly a problem for ...
https://www.msnbc.com/opinion/congress-raising-debt-ceiling-suddenly-problem-republicans-n1278724
Bear in mind that raising the debt ceiling doesn't approve more spending or even endorse old spending — it just allows the U.S. to keep paying ...
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https://www.msnbc.com/opinion/congress-raising-debt-ceiling-suddenly-problem-republicans-n1278724
Bear in mind that raising the debt ceiling doesn't approve more spending or even endorse old spending — it just allows the U.S. to keep paying ...
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92
How to Improve the Debt Ceiling to Fit a Partisan Government
https://www.repository.law.indiana.edu/cgi/viewcontent.cgi?article=1692&context=ijgls
Kelleigh Irwin Fagan, The Best Choice Out of Poor Options: What the Government. Should Do (or Not Do) If Congress Fails to Raise the Debt Ceiling, 46 IND.
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https://www.repository.law.indiana.edu/cgi/viewcontent.cgi?article=1692&context=ijgls
Kelleigh Irwin Fagan, The Best Choice Out of Poor Options: What the Government. Should Do (or Not Do) If Congress Fails to Raise the Debt Ceiling, 46 IND.
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93
A Familiar Landmine: The Looming Debt Ceiling
https://gai.georgetown.edu/a-familiar-landmine-the-looming-debt-ceiling/
(Some old debt prior to 1917 is excluded, hence the “almost all” qualifier.) Notably, raising the debt limit does not incur additional spending— ...
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https://gai.georgetown.edu/a-familiar-landmine-the-looming-debt-ceiling/
(Some old debt prior to 1917 is excluded, hence the “almost all” qualifier.) Notably, raising the debt limit does not incur additional spending— ...
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94
In Their Own Words: Americans' Views on Raising Debt Ceiling
https://news.gallup.com/poll/148547/own-words-americans-views-raising-debt-ceiling.aspx
› poll › own-words-americans-vie...
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https://news.gallup.com/poll/148547/own-words-americans-views-raising-debt-ceiling.aspx
› poll › own-words-americans-vie...
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