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1 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 $31.381 trillion, which is expected to last until at least July of 2023.
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2 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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3 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, temporarily extend, ...
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4 White House's hopes for a lame-duck debt ceiling ... - Politico
https://www.politico.com/news/2022/11/16/lame-duck-debt-ceiling-deal-00067123
Senate Majority Leader Chuck Schumer has said he wants a bipartisan vote to raise the borrowing cap during the lame-duck session. But ...
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5 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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6 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 debt ceiling is a legal limit on the total amount of outstanding U.S. Federal debt. When the U.S. reaches that limit, the U.S. Treasury no ...
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7 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
Raising the debt limit doesn't authorize new spending or tax cuts; it merely acknowledges the results of past budgetary decisions. As the ...
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8 Debt Limit Showdown Looms as White House Braces for a ...
https://www.nytimes.com/2022/11/03/business/biden-debt-limit-shutdown.html
G.O.P. threats to leverage the full faith and credit of the United States to force spending cuts have raised alarm about a debt showdown ...
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9 Pelosi Says Democrats Will Try To Raise Debt Ceiling This ...
https://www.forbes.com/sites/saradorn/2022/11/13/pelosi-says-democrats-will-try-to-raise-debt-ceiling-this-year-as-house-control-remains-uncertain/
The federal government is on track to reach the debt ceiling—a cap on total borrowing—at some point next year. If Congress fails to authorize ...
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10 Congress faces another debt ceiling crisis post-midterms - Vox
https://www.vox.com/future-perfect/2022/11/16/23433281/congress-debt-ceiling-house-midterms-spending-cuts-lame-duck-session
If the ceiling is not raised, the result could be a large-scale recession or even a global financial crisis. Fearing the worst outcome, the ...
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11 What's the Debt Ceiling, and Will the US Raise It Again?
https://www.washingtonpost.com/business/whats-the-debt-ceiling-and-will-the-us-raise-it-again/2022/12/02/f6bd2d76-7282-11ed-867c-8ec695e4afcd_story.html
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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12 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
President Joe Biden signed a debt ceiling increase into law, preventing the first-ever U.S. default. · The measure lifts the government's ...
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13 The Debt Ceiling: An Explainer | CEA - The White House
https://www.whitehouse.gov/cea/written-materials/2021/10/06/the-debt-ceiling-an-explainer/
Once the debt limit is hit, the Federal government cannot increase the amount of outstanding debt; therefore, it can only draw from any cash ...
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14 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
Democrats, meanwhile, are ruling out using a special budget maneuver known as reconciliation to raise the $31 trillion debt ceiling on their own ...
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15 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/
Congress created the debt ceiling in 1917 to give the government greater borrowing flexibility, and must approve each increase to ensure ...
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16 Republicans Threaten Debt Limit Default to Force Cuts to ...
https://www.jec.senate.gov/public/index.cfm/democrats/issue-briefs?id=CD77FA6A-6AC2-4E81-BDC9-00D606C2BAC4
Republican leaders have made clear their plans to use debt ceiling negotiations to force cuts to Social Security and Medicare if they gain ...
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17 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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18 Debt Limit Analysis | Bipartisan Policy Center
https://bipartisanpolicy.org/debt-limit/
After weeks of negotiations, Congressional leaders agree on a deal to avoid a Republican filibuster and raise the debt limit by $480 billion, which President ...
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19 History of Debt Limit and Why It Matters - BGR Group
https://bgrdc.com/history-of-debt-limit-and-why-it-matters/
It has never been reduced. Since 1962 until 2011, the debt ceiling was raised 74 times, including 18 times under former President Ronald Reagan, eight times ...
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20 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
Congress has until around August 2 to raise the legal limit on debt, or the United States will risk going into default, according to the U.S. Treasury ...
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21 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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22 Remy: Raise The Debt Ceiling Rap - YouTube
https://www.youtube.com/watch?v=EoS52fVtVQM
Jul 26, 2011
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23 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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24 The First Debt Ceiling Crisis
https://www.newyorkfed.org/medialibrary/media/research/staff_reports/sr783.pdf?la=en
raising the debt ceiling. Treasury Debt and the Debt Ceiling before 1953. Congress adopted the modern form of the debt ceiling in July 1939:.
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25 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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26 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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27 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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28 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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29 Debt Ceiling Archives - SIFMA
https://www.sifma.org/explore-issues/debt-ceiling/
SIFMA strongly supports Congressional efforts to raise the federal debt ceiling without delay. A failure to act would have negative and lasting results on ...
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30 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/
Key House Republican leaders have said that unless spending cuts in Social Security and Medicare are included in legislation to increase the ...
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31 Biden prepares for debt ceiling showdown | CNN Politics
https://www.cnn.com/2022/10/21/politics/biden-debt-ceiling
While Congress set the limit to curtail government borrowing, lawmakers have routinely raised it every time it has been hit. Biden's unequivocal ...
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32 The Debt Limit: History and Recent Increases
https://www.everycrsreport.com/reports/RL31967.html
Congress raised the limit in June 2002, May 2003, November 2004, March 2006, and September 2007. The 2007-2008 fiscal crisis and subsequent economic slowdown ...
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33 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
If Congress doesn't raise the debt ceiling, the U.S. could default on its obligations — a development that would have unpredictable ...
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34 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
Democrats can raise the debt limit “by using the last unused tool for a majority vote in the Senate: the fiscal year 2023 reconciliation bill,” ...
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35 Congress raises the debt limit, sending a bill to Biden - NPR
https://www.npr.org/2021/12/15/1064114046/congress-votes-to-raise-the-debt-ceiling-punting-the-next-fight-to-2023
Congress votes to raise the debt ceiling, punting the next fight to 2023 ... Kelsey Snell in 2018. ... The House voted 221 to 209 early Wednesday ...
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36 Federal Debt Has Reached its Ceiling. What Does That Mean?
https://www.gao.gov/blog/federal-debt-has-reached-its-ceiling.-what-does-mean
The debt ceiling does not control the amount of debt. · Delays in raising the debt ceiling can disrupt financial markets, increase U.S. borrowing ...
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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
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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38 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/
The Republicans who promise never to raise the debt limit say they are opposing deficit spending. Readers of this column know that I am very ...
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39 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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40 Raising The Debt Limit: Impact on Social Security and Medicare
https://www.ncpssm.org/documents/general-archives-2021/raising-the-debt-limit-impact-on-social-security-and-medicare/
If Congress fails to raise or suspend the debt limit and allows the government to default on its legally binding financial obligations, an ...
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41 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 Biden ...
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42 Senate dodges US debt disaster, voting to extend borrowing
https://apnews.com/article/joe-biden-business-congress-mitch-mcconnell-6e330d9fb94b73787ea70e7807b87151
The party-line Democratic vote of 50-48 in support of the bill to raise the government's debt ceiling by nearly a half-trillion dollars ...
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43 House clears bill to raise debt limit - The Hill
https://thehill.com/homenews/house/585862-house-clears-bill-to-raise-debt-limit/
The bill, which lawmakers passed 221-209, with one Republican voting yes, raises the federal debt ceiling by $2.5 trillion to increase the limit ...
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44 Congress votes to lift US debt ceiling to narrowly avoid default
https://www.ft.com/content/1bcdaf0a-6cd0-4369-9dec-55b900f7be6e
US lawmakers have voted to raise the government borrowing limit by $2.5tn, in an eleventh-hour effort to avert default before the end of the ...
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45 U.S. Congress approves measure to raise debt ceiling ahead ...
http://www.news.cn/english/2021-12/15/c_1310374477.htm
The debt limit, commonly called the debt ceiling, is the total amount of money that the U.S. government is authorized to borrow to meet its ...
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46 Votes on Measures to Adjust the Statutory Debt Limit, 1978 to ...
https://sgp.fas.org/crs/misc/R41814.pdf
Limit: History and Recent Increases, by D. Andrew Austin. 2 See also CRS Insight IN11829, Debt Lim it Suspensions, by D. Andrew Austin and ...
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47 A GOP Showdown Over the Debt Limit Could Grip Congress ...
https://www.govexec.com/oversight/2022/10/gop-showdown-over-debt-limit-could-grip-congress-and-nation-next-year/379044/
When the federal government nears that limit, likely in the second half of 2023, it can either raise it to a new spending level or suspend it ...
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48 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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49 Congress to raise debt limit, approve NDAA this week
https://www.eenews.net/articles/congress-to-raise-debt-limit-approve-ndaa-this-week/
Sen. Chuck Schumer (D-N.Y.). ... Congress is poised to raise the nation's debt ceiling through the midterm elections. Also on the agenda this week ...
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50 Raising the debt ceiling: Showdown returns to Congress
https://www.usatoday.com/story/news/politics/2021/08/09/national-debt-congress-must-raise-debt-ceiling-what-does-mean/5540382001/
Raising the ceiling doesn't authorize new government spending — that happens when Congress OK's spending bills. Raising the debt ceiling ...
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51 What happens if Congress doesn't raise the debt ceiling?
https://www.cbsnews.com/news/debt-ceiling-limit-congress-united-states-economy/
If the amount of government debt hits that limit, and doesn't lift the ceiling, the U.S. would be unable to pay what it owes and could default.
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52 30 Years of Bipartisan Debt Ceiling Raises | Mercatus Center
https://www.mercatus.org/publications/government-spending/30-years-bipartisan-debt-ceiling-raises
The debt ceiling is a provision that allows Congress to set the allowable limit of debt the federal government can borrow and sets ...
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53 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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54 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 U.S. narrowly avoided default in October after Republicans refused to vote for a debt limit increase. Democrats instead passed a ...
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55 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/
On Thursday, President Biden averted a first-ever US default by signing a measure increasing the government's borrowing limit by $2.5 trillion.
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56 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
On Tuesday the Senate approved legislation raising the federal government's debt limit by $2.5 trillion, taking the total figure to $31.4 ...
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57 House votes to raise debt ceiling, sends bill to Biden's desk
https://www.foxbusiness.com/politics/senate-votes-raise-debt-ceiling-2-5t
The Senate voted to lift the federal debt ceiling by $2.5 trillion on Tuesday, clearing a key hurdle toward avoiding a U.S. default after ...
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58 Treasury Secretary Yellen Warns Congress to Raise Debt ...
https://www.businessinsider.com/treasury-secretary-yellen-warns-congress-to-raise-debt-ceiling-2021-11
In remarks that Yellen prepared for the Senate Banking Committee hearing on Tuesday, she urged Congress to raise the debt ceiling so that ...
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59 Federal Debt and the Statutory Limit, November 2021
https://www.cbo.gov/publication/57653
The amount is set by law and has been increased over the years to finance the government's operations. On October 14, 2021, lawmakers raised the ...
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60 Senate Debate on Raising the Debt Ceiling | C-SPAN.org
https://www.c-span.org/video/?300809-5/senate-debate-raising-debt-ceiling
› video › senate-debate-raising-de...
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61 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/
In April 2002, the government reached the debt limit, but Congress did not raise it as it had in the past. The Treasury Department used “ ...
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62 Fact Check: INGOP Raised the Debt Limit Three Times, Added ...
https://www.indems.org/fact-check-ingop-raised-the-debt-limit-three-times-added-7-8-trillion-to-national-debt-under-trump-administration/
Fact Check: INGOP Raised the Debt Limit Three Times, Added $7.8 Trillion to National Debt Under Trump Administration · Washington Post: “The national debt has ...
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63 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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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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65 The Debt Limit - AAF - The American Action Forum
https://www.americanactionforum.org/daily-dish/the-debt-limit/
Fact 3: Failing to raise or suspend the debt limit does not control spending. The Treasury is in the position of having to borrow because ...
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66 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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67 What is the Debt Ceiling and Why Does it Matter?
https://taxfoundation.org/what-debt-ceiling-and-why-does-it-matter/
On October 17th, the government will reach the debt ceiling if Congress does not pass legislation to raise its borrowing limit.
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68 Is Joe Biden right that debt limit increase 'has nothing to do ...
https://www.politifact.com/factchecks/2021/oct/13/joe-biden/joe-biden-right-debt-limit-increase-has-nothing-do/
“Raising the debt limit is paying our old debts. It has nothing to do with new spending.”
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69 Ted Cruz and John Cornyn opposed a debt-limit increase that ...
https://www.texastribune.org/2021/10/08/ted-cruz-john-cornyn-debt-ceiling/
The debt ceiling functions like a credit card limit for the American government. Officeholders can — and regularly do — raise that limit in ...
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70 Progressives Say Congress Must Raise Debt Limit ... - Truthout
https://truthout.org/articles/progressives-say-congress-must-raise-debt-limit-now-to-protect-social-programs/
“Democrats must do whatever it takes to defeat Republican attacks on our earned Social Security benefits. That means raising the debt ceiling ...
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71 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
In early October, the U.S. Senate passed legislation to raise the debt ceiling through early December. The legislation will temporarily ...
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72 The Debt Limit in 2021 - CRS Reports
https://crsreports.congress.gov/product/pdf/IN/IN11702
About $300 billion of that increase enabled a reset of extraordinary measures. Treasury Cash Balances. Treasury can pay obligations as long as ...
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73 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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74 Is raising the debt limit usually a bipartisan vote?
https://www.statesman.com/story/news/politics/2021/10/08/raising-debt-limit-usually-bipartisan-vote/6039047001/
Biden said, "Raising the debt limit is usually a bipartisan undertaking." Democrats did help pass bipartisan legislation to raise the debt ...
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75 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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76 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/
Failing to raise the debt limit would result in a default on U.S. debt, which could cripple the economy and cause terrible repercussions for ...
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77 The debt-ceiling time bomb is ticking faster than Congress ...
https://insurancenewsnet.com/oarticle/the-debt-ceiling-time-bomb-is-ticking-faster-than-congress-realizes
The best time to raise (or, better yet, eliminate) the federal debt ceiling was yesterday. The second-best time: today.
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78 Answering the Top Debt Ceiling Questions - LPL Financial
https://www.lpl.com/newsroom/read/weekly-market-commentary-answering-top-debt-ceiling-questions.html
Yes, whenever needed. According to the Department of the Treasury (“Treasury”), since 1960 Congress has raised the debt ceiling in some form 79 ...
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79 What would happen if Congress doesn't raise the debt limit?
https://www.latimes.com/politics/story/2021-09-20/what-would-happen-if-congress-didnt-raise-the-federal-debt-limit
“Increasing or suspending the debt limit does not increase government spending, nor does it authorize spending for future budget proposals; it ...
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80 House Passes Legislation to Raise Debt Ceiling Without ...
https://www.barrons.com/articles/us-congress-debt-ceiling-news-agreement-51638908793
“I'm going to support having the Democrats raise the debt ceiling without any Republican votes,” Cornyn told The Wall Street Journal. Congress ...
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81 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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82 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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83 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
The ceiling has been repeatedly raised in the past when the level of federal debt needed to finance those past tax and spending decisions ...
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84 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 any ...
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85 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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86 Can a President invoke the 14th Amendment to raise the debt ...
https://constitutioncenter.org/blog/can-a-president-invoke-the-14th-amendment-to-raise-the-debt-ceiling
Back in 2013, an obscure constitutional debate about presidential powers and the debt ceiling received considerable attention.
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87 Congress raising the debt ceiling is suddenly a problem for ...
https://www.msnbc.com/opinion/congress-raising-debt-ceiling-suddenly-problem-republicans-n1278724
The debt ceiling, in case you've purged it from your memory, is the legal limit for how much debt the United States can take on as a country.
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88 Majority of Americans Say Congress Shouldn't Raise the Debt ...
https://morningconsult.com/2017/06/22/majority-americans-say-congress-shouldnt-raise-debt-ceiling/
The debt limit is the total amount of money the federal government is authorized to borrow. Raising the debt ceiling does not authorize new ...
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89 Staring Down the Debt Limit | Econofact
https://econofact.org/staring-down-the-debt-limit
Hence the debt ceiling was born. Since then, Democratic and Republican presidents and Congresses have raised or suspended the debt ceiling more ...
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90 US avoids default as Republicans allow Democrats to raise ...
https://www.wdtn.com/news/washington-dc/us-avoids-default-as-republicans-allow-democrats-to-raise-debt-ceiling/
Raising the debt ceiling allows the government to pay for its bills for everything from social security to military salaries. Inaction from ...
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91 Biden Criticises Republicans for Opposing Raising Debt Ceiling
https://www.facebook.com/hkibcnews/videos/biden-criticises-republicans-for-opposing-raising-debt-ceiling/2660429214264915/
Hong Kong International Business Channel
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92 US Government attempts to raise the debt ceiling
https://www.amadorvalleytoday.org/15134/world-news-politics/us-government-attempts-to-raise-the-debt-ceiling/
On Tuesday, October 12th, the U.S. House of Representatives gave approval to temporarily raise the debt ceiling limit to $28.9 trillion.
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93 The Senate needs to deal with the debt ceiling. So far, neither ...
https://www.opensecrets.org/news/2021/08/senate-deal-with-debt-ceiling-neither-party-is/
On Wednesday morning, Senate Democrats passed a $3.5 trillion budget resolution that omitted an increase to the debt ceiling, ...
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94 What is America's debt ceiling? | The Economist
https://www.economist.com/the-economist-explains/2021/09/21/what-is-americas-debt-ceiling
And what would happen if Congress failed to raise it? ... For many years, raising or adjusting the debt limit was a pro forma congressional ...
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