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1 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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2 Q&A: Everything You Should Know About the Debt Ceiling
https://www.crfb.org/papers/qa-everything-you-should-know-about-debt-ceiling
The limit applies to almost all federal debt, including the roughly $24.3 trillion of debt held by the public and the roughly $6.9 trillion the government owes ...
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3 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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4 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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5 What is the debt ceiling? - CNBC
https://www.cnbc.com/2021/09/23/what-is-the-debt-ceiling.html
With just one week left for Democrats and Republicans to reach an agreement to allow the government to pay its bills, the possibility of a ...
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6 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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7 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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8 Debt Limit Analysis | Bipartisan Policy Center
https://bipartisanpolicy.org/debt-limit/
BPC's debt limit projections show that, without action by Congress, extraordinary measures and the cash they generate will only last until early October ...
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9 What is the debt ceiling? | CNN Politics
https://www.cnn.com/2021/09/29/politics/debt-ceiling-government-default-what-matters/index.html
› 2021/09/29 › politics › debt-ceilin...
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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
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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11 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/
Louise Sheiner presents testimony to the House Budget Committee in support of abolishing the debt limit.
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12 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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13 The debt ceiling explained - Marketplace
https://www.marketplace.org/2021/09/24/the-debt-ceiling-explained/
If Congress fails to raise or suspend the debt limit, it could mean a failure to pay Social Security and federal salaries.
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14 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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15 Biden Signs Bill To Increase Debt Ceiling By $2.5 Trillion. Why ...
https://www.forbes.com/advisor/personal-finance/biden-signs-debt-ceiling-increase/
› advisor › personal-finance
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16 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
› blog › debt-limit-threats-would...
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17 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 ...
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18 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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19 What Is the Debt Ceiling and Why Does Congress Need to ...
https://www.wsj.com/articles/debt-ceiling-deadline-11627913756
WASHINGTON—The federal government could run out of money to pay all its bills as soon as Dec. 15, putting Congress on the clock to again ...
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20 The window to lift the debt limit is narrowing, an influential ...
https://www.nytimes.com/2021/12/03/business/economy/debt-ceiling-xdate.html
› Business › Economy
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21 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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22 What's the Debt Ceiling, and Will the US Congress Raise It ...
https://www.bloomberg.com/news/articles/2022-12-02/what-s-the-debt-ceiling-and-will-the-us-congress-raise-it-again
The very phrase “debt ceiling” sounds austere and restrictive, as if it's a lid on government spending. In fact, the US federal debt limit ...
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23 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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24 US Debt Ceiling and Its Current Status - The Balance
https://www.thebalancemoney.com/u-s-debt-ceiling-why-it-matters-past-crises-3305868
Congress already knows how much it will add to the debt when it approves each year's budget deficit. When it refuses to increase the debt limit, ...
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25 Absolutely everything you need to know about the debt ceiling
https://www.washingtonpost.com/news/wonk/wp/2013/10/04/absolutely-everything-you-need-to-know-about-the-debt-ceiling/
The debt-ceiling crisis could be the most serious one yet. The U.S. Treasury Department says that a failure to raise the borrowing limit could ...
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26 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/
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 government ...
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27 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/
Congress must approve any increase in the limit to the amount of money the federal government can borrow in order to pay its debts. Once the ...
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28 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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29 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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30 U.S. could be unable to pay its bills in weeks as debt limit ...
https://www.cbsnews.com/news/debt-ceiling-obligations-december-2021/
Dec 3, 2021 —
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31 Four options for Democrats to avert another debt ceiling crisis
https://thehill.com/opinion/finance/3759723-four-options-for-democrats-to-avert-another-debt-ceiling-crisis/
Everyone agrees the federal government should make good on its financial promises. It must pay its bills to ensure the well-being of our ...
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32 What is America's debt ceiling? | The Economist
https://www.economist.com/the-economist-explains/2021/09/21/what-is-americas-debt-ceiling
AT SOME POINT in October—precisely when is uncertain—America's federal government will be unable to pay its bills, and may default on its ...
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33 Debt ceiling: What's next for the US debt limit - BBC News
https://www.bbc.com/news/world-us-canada-58820071
The showdown over raising the limit on the amount the US government can borrow is resolved - for now.
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34 debt ceiling - Students | Britannica Kids | Homework Help
https://kids.britannica.com/students/article/debt-ceiling/585300
In the United States, Congress has set a limit to the amount of money that the federal government can borrow from the public or from other governmental ...
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35 Debt ceiling default 2021: What it might mean for you - Fortune
https://fortune.com/2021/09/28/debt-ceiling-2021-impact-social-security-child-tax-credit-medicare-veterans-benefits-wall-street-personal-wealth/
A debt ceiling default would affect social security, Medicare, child tax credit payments, and veterans' pension benefits.
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36 Debt Ceiling Archives - SIFMA
https://www.sifma.org/explore-issues/debt-ceiling/
While a default is unlikely, there are two possible scenarios that may play out in the financial markets if there were a failure to pay U.S. Treasury securities ...
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37 What is the debt ceiling? How government default could affect ...
https://abc7chicago.com/us-debt-ceiling-national-what-is-the-social-security/11075115/
› us-debt-ceiling-national-what...
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38 Breaching The Debt Ceiling: What It Could Mean for Cities
https://www.nlc.org/article/2021/10/22/breaching-the-debt-ceiling-what-it-could-mean-for-cities/
Last week, as the U.S. Treasury approached the Congressionally imposed limit of its borrowing authority, Senate Democratic and Republican ...
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39 If Congress doesn't raise the debt ceiling, what does that ...
https://www.yahoo.com/now/congress-doesn-t-raise-debt-183000867.html
18 if the federal debt limit is not suspended or increased. Republican Senators and House Democrats remain at odds, setting the stage for a ...
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40 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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41 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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42 Biden Can Raise the Debt Ceiling Without Congress
https://washingtonmonthly.com/2022/11/22/biden-can-raise-the-debt-ceiling-without-congress/
Another Republican-engineered default crisis is looming, but this time a Democratic president should use a little-understood provision in ...
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43 What's at Stake in the Debt Ceiling Showdown
https://www.cfr.org/in-brief/whats-stake-debt-ceiling-showdown
U.S. lawmakers are at loggerheads over raising the limit on government borrowing. Here's what to know about the debate.
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44 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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45 The Debt Limit - FAS Project on Government Secrecy
https://sgp.fas.org/crs/misc/IF10292.pdf
Debt subject to limit is more than 99% of total federal debt, and includes debt held by the public. (which is used to finance budget deficits) and debt issued ...
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46 A Debt Default Could Mean Furloughs or IOUs for Federal ...
https://www.govexec.com/management/2021/10/what-debt-default-would-mean-federal-agencies-and-their-employees/185866/
There is a lot of uncertainty surrounding what would happen to agency operations and employees' compensation if the Treasury is unable to ...
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47 U.S. House passes bill to speed passage of debt limit increase
https://www.reuters.com/markets/rates-bonds/us-house-introduces-fast-track-legislation-raise-debt-limit-2021-12-07/
› markets › rates-bonds › us-hou...
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48 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
› publication-listing › wha...
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49 Threat to Military Pay and Benefits Delayed as Congress ...
https://www.military.com/daily-news/2021/10/13/threat-military-pay-and-benefits-delayed-congress-punts-debt-ceiling-debate.html
... known as the debt limit or ceiling, which is the amount of money the Treasury Department can borrow in order to pay the nation's bills.
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50 House votes to raise debt ceiling, sending bill to Biden and ...
https://www.usatoday.com/story/news/politics/2021/10/12/debt-ceiling-house-passes-short-term-extension-sends-bill-biden/6102664001/
› news › politics › 2021/10/12
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51 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/
› general-archives-2021 › raisi...
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52 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
ABC Action News goes in-depth to explain the debt limit and what it ... is the total amount of money the government can borrow to pay its ...
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53 Column: With the debt ceiling fight, Congress and Trump are ...
https://www.latimes.com/business/story/2019-07-16/debt-ceiling-fight
Treasury Secretary Steven T. Mnuchin, in the center of the perennial fight over raising the federal debt ceiling. (John Locher / AP).
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54 The looming expiration of the federal debt ceiling, explained
https://www.vox.com/policy-and-politics/2019/2/21/18233169/debt-ceiling-explained
› policy-and-politics › debt-ceilin...
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55 Mitch McConnell Doesn't Get the Point of the Debt Limit - Politico
https://www.politico.com/news/magazine/2021/09/22/what-congress-forgets-about-the-debt-limit-513528
Unless Congress raises the ceiling, the federal government will either default on the national debt or be compelled to freeze critical domestic ...
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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/
› commentary › the-n...
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57 Answering the Top Debt Ceiling Questions - LPL Financial
https://www.lpl.com/newsroom/read/weekly-market-commentary-answering-top-debt-ceiling-questions.html
LPL Research examines the debt ceiling—its role in government financing, the market, and the economy.
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58 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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59 No money to pay troops if debt ceiling deal doesn't happen ...
https://www.militarytimes.com/pay-benefits/mil-money/2021/10/06/no-money-to-pay-troops-if-debt-ceiling-deal-doesnt-happen-defense-secretary-warns/
› 2021/10/06 › no-mon...
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60 What is this debt limit? - 23ABC News Bakersfield
https://www.turnto23.com/news/23abc-in-depth/what-is-this-debt-limit
The debt ceiling is "The amount of money the government can borrow to pay its bills." Somewhat like your credit card limit.
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61 US to miss payments if debt ceiling isn't raised | verifythis.com
https://www.verifythis.com/article/news/verify/government-verify/debt-limit-ceiling-crisis-federal-government-could-start-missing-payments-social-security-child-credit-military-pay-medicare-tax-refunds-default-loans/536-a58b9996-8697-42cf-8e98-990a655a85ff
If the government runs out of cash before raising the debt limit, it would be unable to pay all of its bills on time, including to programs ...
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62 The Difference between a Government Shutdown and the ...
https://www.pgpf.org/blog/2017/09/whats-the-difference-between-a-government-shutdown-and-the-debt-limit
Debates over the debt ceiling and government shutdowns can be confusing, particularly in years when lawmakers must fund the government and ...
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63 The dysfunctional debt ceiling and why we should kill it
https://theconversation.com/the-dysfunctional-debt-ceiling-and-why-we-should-kill-it-5-questions-answered-120395
The US hit the debt ceiling in March and is expected to run out of ways to get around the new $22 trillion limit by September.
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64 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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65 House passes bill to raise US debt ceiling through early ...
https://www.theguardian.com/us-news/2021/oct/12/house-approves-us-debt-ceiling-limit-increase
Legislation raises US government's borrowing limit to $28.9tn, as hard-fought vote passes entirely along party lines.
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66 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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67 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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68 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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69 Opinion: On national debt ceiling, Republicans mislead and ...
https://www.desmoinesregister.com/story/opinion/columnists/iowa-view/2021/09/28/national-debt-ceiling-2021-iowa-republican-gop-misleads-and-endangers/5885974001/
Retired University of Northern Iowa economist: Raising the ceiling has almost never been as partisan as the GOP has made it under Obama and ...
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70 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
The debt ceiling is a restriction or limit Congress places on the federal government in relation to how much national debt the U.S. Treasury ...
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71 What is the debt ceiling? How government default could affect ...
https://abc7news.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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72 Does the debt limit increase have nothing to do with new ...
https://www.statesman.com/story/news/politics/2021/10/15/fact-check-does-biden-raising-debt-limit-increase-spending/8454078002/
Joe Biden: “Raising the debt limit is paying our old debts. It has nothing to do with new spending.” PolitiFact rating: Mostly False.
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73 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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74 What Happens If The U.S. Can't Pay Its Debt? - YouTube
https://www.youtube.com/watch?v=nRoRbGxxBiY
Nov 2, 2021
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75 How does the debt ceiling deal affect Social Security payments?
https://en.as.com/en/2021/10/10/latest_news/1633825177_348508.html
With the partisan standoff in Washington holding up a long-term solution to raising the debt ceiling, what federal government payments will ...
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76 What Does the Debt Ceiling Refer To? - Sound Dollar
https://www.sounddollar.com/debt-ceiling
Congress has repeatedly raised this cap on federal debt so the government can continue to borrow money.
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77 The Debt Limit: A Repetitive Congressional Dance
https://center-forward.org/basics/debt-limit/
Unfortunately, brinksmanship related to a federal government default has unusually far-reaching consequences, including worsening our federal debt problem while ...
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78 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
Dillan Bono-Lunn, professor of political science and policy studies, discusses what the debt ceiling is and how it impacts the federal ...
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79 Government Shutdown and Hitting the Debt Limit
https://www.mcguirewoods.com/client-resources/Alerts/2013/10/Government-Shutdown-and-Hitting-the-Debt-Limit
Congress must provide legislation to authorize budget authority for most federal agencies and programs on an annual basis. This is usually done ...
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80 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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81 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
Imagine not being able to pay your bills. That's the worry that the federal government faces nearly every year now because of the debt ...
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82 Will or should members of Congress get paid if the debt ...
https://www.quora.com/Will-or-should-members-of-Congress-get-paid-if-the-debt-ceiling-is-not-raised
Each year they should have to pass a balanced budget by a certain day, and address the debt ceiling in that balanced budget. If they do not, then they are ...
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83 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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84 House Republicans Know That Voting NO on Debt Ceiling Is a ...
https://www.speaker.gov/newsroom/92121-2
Whatever Minority Leader McCarthy and Congressional Republicans say today, if they vote against raising the debt ceiling they know that it ...
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85 FAQ: What's Up with the Debt Limit? | Concord Coalition
https://www.concordcoalition.org/node/14682
› node
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86 Congress's Debt Limit Problem Is Toddler Fiscal Policy
https://www.taxpolicycenter.org/taxvox/congresss-debt-limit-problem-toddler-fiscal-policy
Partisan congressional squabbling over the nation's debt limit once again threatens to shut down the federal government and perhaps trigger ...
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87 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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88 What is the Debt Ceiling and its Effects | UpToUs - Up To Us
https://www.itsuptous.org/blog/what-debt-ceiling-and-its-effects
Because the level of federal borrowing affects the economy, there is a need to control the securities that the Treasury issues. In 1917, ...
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89 'Debt roulette' is an important political bargaining chip, finance ...
https://hub.jhu.edu/2021/11/24/kathleen-day-debt-limit/
As the Dec. 3 deadline to raise the debt ceiling approaches, Kathleen Day discusses the history of the debt limit and why it remains a ...
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90 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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91 The U.S. debt ceiling, explained | WETM - MyTwinTiers.com
https://www.mytwintiers.com/news-cat/national-news/the-u-s-debt-ceiling-explained/
(WETM) – Congress has just under three weeks to come up with a plan to raise the debt ceiling, or else the U.S. will run out of money.
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92 The debt ceiling: What is it and why do I care?
https://www.kristv.com/news/the-debt-ceiling-what-is-it-and-why-do-i-care
› news › the-debt-ceiling-what-i...
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93 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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94 Sorry, Everyone, but Congress Is Bringing Back Debt Ceiling ...
https://newrepublic.com/article/163636/congress-debt-ceiling-janet-yellen
Unless Congress raises the limit for what the government can borrow, the Treasury will default on its debts. One would think that the specter of ...
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95 What If? The Government Shuts Down and/or We Hit the Debt ...
https://www.conference-board.org/blog/global-economy/US-government-shut-down-debt-ceiling
The US Congress is currently locked in discussions on continuing to fund Federal government operations and whether to either raise or ...
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