Federal Debt and the Statutory Limit, November 2012
Posted: Fri Nov 30, 2012 12:27 pmFederal Debt and the Statutory Limit, November 2012
from CBO Recent CBO Publications
The Congress has traditionally placed a limit on the total amount of debt that the Department of the Treasury can issue to the public and to other federal agencies. Lawmakers have enacted numerous increases to the debt limit—commonly known as the debt ceiling—some of which have been temporary and many of which have been permanent. Treasury debt is now approaching the current limit.
http://www.cbo.gov/publication/43736
from CBO Recent CBO Publications
The Congress has traditionally placed a limit on the total amount of debt that the Department of the Treasury can issue to the public and to other federal agencies. Lawmakers have enacted numerous increases to the debt limit—commonly known as the debt ceiling—some of which have been temporary and many of which have been permanent. Treasury debt is now approaching the current limit.
http://www.cbo.gov/publication/43736