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1 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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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 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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4 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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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 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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7 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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8 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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9 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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10 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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11 Debt ceiling: Senate passes bill to allow increase before Dec ...
https://www.cnbc.com/2021/12/09/debt-ceiling-senate-passes-bill-to-allow-increase-before-dec-15-deadline.html
Once President Joe Biden signs the legislation, Democrats will be able to increase the U.S. borrowing limit on their own. Treasury Secretary ...
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12 Biden Can Raise the Debt Ceiling Without Congress
https://washingtonmonthly.com/2022/11/22/biden-can-raise-the-debt-ceiling-without-congress/
› 2022/11/22 › biden-c...
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13 Unconstitutional Debt Ceilings | Georgetown Law Journal
https://www.law.georgetown.edu/georgetown-law-journal/glj-online/103-online/unconstitutional-debt-ceilings/
› 103-online › uncons...
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14 Government Shutdown vs. Debt Ceiling - Morgan Stanley
https://www.morganstanley.com/im/publication/insights/investment-insights/ii_pointofviewgovernmentshutdownvdebtceiling_us.pdf
A shutdown would occur if Congress fails to pass legislation to authorize government spending to cover all or part of fiscal year. 2018 before it begins on ...
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15 White House's hopes for a lame-duck debt ceiling deal are ...
https://www.politico.com/news/2022/11/16/lame-duck-debt-ceiling-deal-00067123
Senior administration officials see little chance of attracting any Republican votes for a bipartisan debt limit hike during the short session.
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16 A debt ceiling showdown in Congress could send ... - The Hill
https://thehill.com/policy/3703950-a-debt-ceiling-showdown-in-congress-could-send-us-economy-into-tailspin/
Democrats are under pressure to raise the federal debt limit before a likely loss of control in Congress next year to prevent a potential ...
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17 General Law - Part I, Title VII, Chapter 44, Section 10
https://malegislature.gov/Laws/GeneralLaws/PartI/TitleVII/Chapter44/Section10
The debt limit for a district shall be based on an amount determined by applying to the equalized valuation of the town the same ratio which the assessors' ...
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18 Constitutional Debt Limit - Legislative Budget Board
https://www.lbb.texas.gov/Documents/Publications/Issue_Briefs/3123_Constitutional_Debt_Limit.pdf
The debt limit is expressed as a ratio of debt service to the three- year average of unrestricted. General Revenue Funds and is limited to 5.0 percent. The ...
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19 PUBLIC DEBT CEILING - Senate Finance Committee
https://www.finance.senate.gov/download/1963/11/18/public-debt-ceiling-november-18-19-1963
› 1963/11/18 › publ...
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20 How the U.S. Debt Ceiling Works and Why It Matters - WSJ
https://www.wsj.com/articles/us-debt-ceiling-explained-11632429692
Congress faces a looming deadline to raise the debt ceiling and prevent a default on the national debt.
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21 Failing to Suspend or Raise Debt Limit Would Have Wide ...
https://www.cbpp.org/blog/failing-to-suspend-or-raise-debt-limit-would-have-wide-ranging-effects
Were the nation to default on its legal obligations for the first time — which will occur if lawmakers don't raise or suspend the debt limit ...
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22 Reconciliation Is Available to End Debt Limit Hostage-Taking
https://prospect.org/politics/reconciliation-available-to-end-debt-limit-hostage-taking/
With the GOP likely to take over the House, Democrats can use the lame duck to effectively eliminate the debt limit and the leverage ...
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23 The Debt Ceiling: An Explainer | CEA - The White House
https://www.whitehouse.gov/cea/written-materials/2021/10/06/the-debt-ceiling-an-explainer/
Oct 6, 2021 —
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24 House leaders reject tying debt limit to defense bill - Roll Call
https://www.rollcall.com/2021/12/02/debt-limit-defense-bill-house-leaders/
House leaders warned Thursday they likely can't address the debt limit by tying it to the annual defense authorization bill.
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25 What Is Congress Even Doing Right Now? A Brief Guide.
https://nymag.com/intelligencer/article/infrastructure-reconciliation-debt-ceiling-congress-2021-schedule.html
› intelligencer › article › infrastructure...
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26 Congress hatches novel plan to lift debt ceiling with only ...
https://www.nbcnews.com/politics/congress/congress-hatches-novel-plan-lift-debt-ceiling-only-democratic-votes-n1285515
The House passed the Medicare bill, which includes the expedited debt limit process, 222-212. Rep. Adam Kinzinger, R-Ill., was the only ...
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27 What is the federal debt ceiling? - Brookings Institution
https://www.brookings.edu/blog/up-front/2019/03/15/the-hutchins-center-explains-the-debt-limit/
The recurring need to lift the ceiling on overall U.S. Treasury borrowing—currently at $22 trillion—is always a political hot potato.
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28 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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29 The Danish Debt Ceiling Legislation | In Custodia Legis
https://blogs.loc.gov/law/2021/12/the-danish-debt-ceiling-legislation/
On December 17, 1993, Parliament voted to empower the government to take out state loans, without first asking for permission from ...
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30 Congress addresses debt ceiling and defense authorization bill
https://www.ubs.com/global/en/wealth-management/our-approach/marketnews/article.1553574.html
› marketnews › article.1553574.html
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31 Congress to raise debt limit, approve NDAA this week
https://www.eenews.net/articles/congress-to-raise-debt-limit-approve-ndaa-this-week/
Congress is poised to raise the nation's debt ceiling through the midterm elections. Also on the agenda this week is passage of the fiscal ...
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32 Hey, Congress: No Last-Minute Shopping at Taxpayer Expense
https://www.heritage.org/budget-and-spending/commentary/hey-congress-no-last-minute-shopping-taxpayer-expense
› commentary › hey-congress...
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33 The U.S. Debt Ceiling: Everything You Need to Know
https://www.nytimes.com/2021/09/27/us/politics/us-debt-ceiling.html
› U.S. › Politics
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34 What can Democrats push through Congress in the lame-duck ...
https://www.theguardian.com/us-news/2022/nov/26/congress-democrats-lame-duck-debt-ceiling-election-legislation
Legislation on the debt ceiling, civil liberties and elections is still possible before Republican House majority kicks in.
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35 Congress hunts for shortcut to pass defense funding, debt limit ...
https://www.axios.com/2021/12/07/congress-ndaa-debt-limit-hike
... to pass the National Defense Authorization Act is being complicated by an effort to tie it to a needed hike in the federal debt limit.
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36 U.S. Congress approves boosting debt limit to $31.4 trillion
https://www.reuters.com/markets/rates-bonds/us-congress-vote-debt-limit-hike-averting-default-risk-2021-12-14/
The U.S. Congress on Tuesday approved raising the federal government's debt limit by $2.5 trillion, to about $31.4 trillion, sending the ...
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37 How Washington found a way to quietly raise the debt ceiling
https://www.cnn.com/2021/12/19/politics/debt-ceiling-chuck-schumer-mitch-mcconnell-joe-biden-nancy-pelosi/index.html
› 2021/12/19 › politics › debt-ceilin...
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38 Debt ceiling increase doesn't give U.S. government ... - PolitiFact
https://www.politifact.com/factchecks/2021/oct/27/ashley-hinson/debt-ceiling-increase-doesnt-give-us-government-bl/
Ashley Hinson R-Iowa, a U.S. representative from Iowa's First District, says raising the national debt ceiling would give Democrats a blank ...
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39 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
By addressing the debt ceiling in the lame-duck session, they could avoid a potential crisis next year.
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40 Congressional Leaders Eye Tying Debt Ceiling to Defense Bill
https://www.bloomberg.com/news/articles/2021-12-06/congressional-leaders-eye-tying-debt-ceiling-to-defense-bill
› news › articles › congres...
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41 the public debt limit hj cooke and m. katzen - jstor
https://www.jstor.org/stable/2976566
as expressed in separate ,spending and revenue authorizations by. Congress, the debt ceiling provides an automatic review of the trend.
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42 Biden Signs Measure to Avoid Shutdown, But Debt Default ...
https://www.govexec.com/management/2021/12/biden-signs-measure-avoid-shutdown-debt-default-threat-still-looms/187289/
› management › 2021/12 › b...
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43 Bypassing Congress on Federal Debt: Executive Branch ...
https://scholarship.law.duke.edu/cgi/viewcontent.cgi?article=5912&context=faculty_scholarship
technical default resulting from Congress's failure to raise the federal debt ceiling-and analyzes how the executive branch of the federal government.
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44 Congress votes to raise the debt ceiling, punting the ... - WABE
https://www.wabe.org/congress-votes-to-raise-the-debt-ceiling-punting-the-next-fight-to-2023/
The House voted 221 to 209 early Wednesday morning to increase the federal borrowing limit by $2.5 trillion, a figure Democrats say will allow ...
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45 The debt ceiling has existed since ... - Waco Tribune-Herald
http://wacotrib.com/collection_5fe0c77c-8f08-502f-946f-4e97ec76138d.html
When Ronald Reagan ran for president in 1980, he blasted the size of the federal debt, then about $1 trillion. "So-called temporary increases or ...
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46 House sends debt limit hike to Biden, staving off default
https://apnews.com/article/joe-biden-business-congress-bills-financial-markets-9abe4ef546f62521bcfe7dc3c9517eaf
WASHINGTON (AP) — Members of the House on Tuesday pushed through a short-term increase to the nation's debt limit , ensuring the federal ...
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47 GAO-11-203, Debt Limit: Delays Create Debt Management ...
https://www.gao.gov/assets/a315848.html
Once the extraordinary actions are exhausted, Treasury is not authorized to issue new debt and could be forced to delay payments for government services or ...
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48 Congress votes to raise the debt ceiling, punting the next fight ...
https://www.gpb.org/news/2021/12/15/congress-votes-raise-the-debt-ceiling-punting-the-next-fight-2023
Congress approved a measure to increase the debt limit by $2.5 trillion, shifting the deadline for default until after the 2022 midterm ...
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49 Lessons for the President (and Others) from the Debt Ceiling ...
https://scholarship.law.cornell.edu/cgi/viewcontent.cgi?article=2016&context=facpub
The federal statute known as the “debt ceiling” limits total borrow- ing by the United States. Congress has repeatedly raised the ceiling to.
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50 The Federal Appropriations and Budget Process - National PTA
https://www.pta.org/home/advocacy/advocacy-resources/Advocacy-Toolkit/The-Federal-Appropriations-and-Budget-Process
› advocacy › Advocacy-Toolkit
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51 Democrats in Congress Seek to Abolish US Debt Ceiling
https://www.thewellnews.com/congress/democrats-in-congress-seek-to-abolish-us-debt-ceiling/
Republicans said eliminating the debt ceiling equates to uncontrolled government spending, inflation and a stumbling block for economic growth.
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52 Congress: Debt ceiling, funding, other issues to ... - USA Today
https://www.usatoday.com/story/news/politics/2021/11/27/congress-debt-ceiling-funding-issues-before-year-end/6374543001/
› news › politics › 2021/11/27
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53 Government Funding Deadline Looms, Draws Concern for ...
https://fedmanager.com/news/government-funding-deadline-looms-draws-concern-for-debt-ceiling
› news › government-funding-...
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54 A Basic Introduction to the Federal Debt Limit
https://www.congressionalinstitute.org/2021/09/15/a-basic-introduction-to-the-federal-debt-limit/
The U.S. Constitution authorizes Congress “to borrow Money on the credit of the United States” (Article I, section 8). The debt limit is the ...
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55 State Debt - Department of Budget and Finance - Hawaii.gov
https://budget.hawaii.gov/budget/about-budget/state-debt/
Types of Bonds Authorized by the Constitution The Constitution of the State empowers the Legislature to authorize the issuance of four types of bonds ...
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56 Final NDAA heads to President Biden; Debt ceiling hiked
https://www.nafcu.org/newsroom/final-ndaa-heads-president-biden-debt-ceiling-hiked
The Senate Wednesday passed the final fiscal year 2022 National Defense Authorization Act (FY2022 NDAA) by an 89-10 vote.
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57 Raze the debt ceiling - Baltimore Sun
https://www.baltimoresun.com/opinion/op-ed/bs-ed-debt-ceiling-20121219-story.html
The announcement that House Speaker John Boehner has offered to take the debt ceiling off the table in the current "fiscal cliff" ...
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58 Brief history of US debt limits before 1939 - PMC - NCBI
https://www.ncbi.nlm.nih.gov/pmc/articles/PMC5866584/
Since 1939, the US Congress has imposed a limit on aggregate federal debt and left the Treasury free to design its securities and manage its ...
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59 Budget of the U.S. Government | USAGov
https://www.usa.gov/budget
Jun 7, 2022 —
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60 Clearing the Air on the Debt Limit - EveryCRSReport.com
https://www.everycrsreport.com/reports/R45011.html
Clearing the Air on the Debt Limit Updated November 10, 2021. Congressional Research Service https://crsreports.congress.gov
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61 Bond Caps and Debt Outstanding | Investor's Guide
https://www.budget.ny.gov/investor/bond/BondCapChart.html
New York State Division of the Budget Website - Investor's Guide Bond Cap Chart.
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62 In Defense of the Debt Limit Statute
https://scholarship.law.stjohns.edu/cgi/viewcontent.cgi?article=1062&context=faculty_publications
The debt limit statute is a critical feature of the federal budget process and prompts frequent legislation to increase the government's borrowing au-.
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63 Fact Check | Debt ceiling doesn't give U.S. government ability ...
https://dailyiowan.com/2021/10/27/debt-ceiling-doesnt-give-u-s-government-ability-to-spend-limitless-amounts-of-money/
› 2021/10/27 › debt-ceiling-doe...
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64 The U.S. Debt Limit: Questions and Answers
https://www.broadridgeadvisor.com/KT/trns.aspx?ca=y&xd=071811CADEBTCEILING2&il=ff
President Obama, Treasury Secretary Timothy Geithner, and Federal Reserve Chairman Ben Bernanke have warned that not raising the debt limit ...
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65 The Debt Ceiling Has Existed Since 1917. Here's ... - Stacker
https://stacker.com/stories/24647/debt-ceiling-has-existed-1917-heres-how-its-impacted-government-spending-ever
The Constitution gives Congress the power to borrow money on the United States' credit and it has imposed a cap or ceiling on how much debt ...
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66 U.S. Debt Limit 101 - Center for American Progress
https://www.americanprogress.org/article/u-s-debt-limit-101/
What is the national debt? When the federal government spends more money than it receives through tax revenue, it needs to cover the difference ...
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67 The Evolution of Federal Debt Ceilings
https://libertystreeteconomics.newyorkfed.org/2011/11/the-evolution-of-federal-debt-ceilings/
It's hardly news that Congress sets a statutory limit on aggregate Treasury indebtedness. Since Congress controls the appropriations and tax ...
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68 Dear Colleague on Today's Floor Action on Debt Limit
https://www.speaker.gov/newsroom/12721-2
Dec 7, 2021 —
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69 Window on Washington – November 7, 2022, Vol. 6, Issue 42
https://www.clarkhill.com/news-events/news/window-on-washington-november-7-2022-vol-6-issue-42/
The Senate will likely continue floor consideration of the FY23 National Defense Authorization Act. In a schedule released last week, House ...
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70 Congress considers plan to raise the debt limit by $2 trillion
https://www.youtube.com/watch?v=0DNACcLSrnE
CNBC Television
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71 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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72 New House GOP Debt Ceiling Plan Could Affect Farm Bill
https://sustainableagriculture.net/blog/house-gop-debt-ceiling-plan/
Jan 22, 2013 —
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73 In Their Own Words: Americans' Views on Raising Debt Ceiling
https://news.gallup.com/poll/148547/own-words-americans-views-raising-debt-ceiling.aspx
The exact words used by more than 700 Americans to explain their position either favoring or opposing an increase in the federal debt ...
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74 Clearing the Air on the Debt Limit - CRS Reports
https://crsreports.congress.gov/product/pdf/R/R45011/3
authorized the Department of the Treasury to borrow through various debt instruments to finance expenditures not covered by federal ...
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75 AARP Urges Congress to Resolve Debt Ceiling Issue
https://www.aarp.org/politics-society/advocacy/info-2021/debt-ceiling.html
› advocacy › info-2021 › debt-ce...
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76 Congress slogs through a deadline-filled December - NY1
https://www.ny1.com/nyc/all-boroughs/news/2021/11/24/congress-december-military-spending-debt-limit-build-back-better
Congress has a few short weeks to finish its ambitious agenda: A military spending bill, raising the debt limit and Biden's Build Back ...
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77 Nullifying the Debt Ceiling Threat Once and for All
https://scholarship.law.ufl.edu/cgi/viewcontent.cgi?article=1986&context=facultypub
by NH Buchanan · 2012 · Cited by 12 —
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78 Understanding the Debt Ceiling Debate and the Budget ...
https://www.econedlink.org/resources/understanding-the-debt-ceiling-debate-and-the-budget-control-act-of-2011/
The Federal debt ceiling is a limit that Congress places on the Treasury Department for the amount of money they are allowed to borrow before ...
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79 Full text of Debt Ceiling Increase : Hearings Before the ...
https://fraser.stlouisfed.org/title/debt-ceiling-increase-770/fulltext
Under the present debt limit, we are not able to take full advantage of such ... 19), authorized Treasury bills in lieu of certificates of indebtedness, ...
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80 Senate weighs one-time move to raise debt ceiling
https://nypost.com/2021/12/07/senate-weighs-one-time-move-to-raise-debt-ceiling/
Senate leaders are weighing a plan that would allow Democrats to pass legislation raising the nation's borrowing limit ahead of a Dec.
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81 Local Treasury Management and Debt - Mass.gov
https://www.mass.gov/doc/workshop-b-local-collectons/download
What should the treasurer do with the premium? b. What will happen to the borrowing authorization? c. What is the amount of the permanent debt to be issued?
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82 Congress, no last-minute shopping at taxpayer expense
https://www.oleantimesherald.com/opinion/congress-no-last-minute-shopping-at-taxpayer-expense/article_61e9d5dd-6adf-5bcf-83b0-d94592ff2582.html
This is occurring at the same time the U.S. Treasury is hitting its debt ceiling, which functions like a limit on a credit card. Put simply, the ...
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83 California Debt Financing Guide - State Treasurer's Office
https://www.treasurer.ca.gov/cdiac/debtpubs/financing-guide.pdf
The California Debt and Investment Advisory Commission (CDIAC) provides information, education, and technical assistance on debt issuance and public.
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84 Congress turns to continuing resolution to fund government as ...
https://www.naco.org/blog/congress-turns-continuing-resolution-fund-government-negotiations-over-fy-2022-spending-debt
› blog › congress-turns-continuin...
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85 FACT CHECK: False and misleading claims have plagued the ...
https://publicintegrity.org/accountability/fact-check-false-and-misleading-claims-have-plagued-the-debt-debate/
The last few weeks have been filled with debate, accusations, stalemate and false claims about the debt ceiling and how — and whether — it should be raised.
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86 Trump Mulls an End to the Debt Ceiling - The Atlantic
https://www.theatlantic.com/politics/archive/2017/09/trump-democrats-debt-ceiling/539148/
› archive › 2017/09 › trum...
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87 What Are the National Debt, Debt Ceiling and Budget Deficit?
https://www.usnews.com/news/economy/articles/2017-04-13/what-are-the-national-debt-debt-ceiling-and-budget-deficit
There are many ways to measure the financial health of the U.S. federal government. There's the national debt, the debt ceiling and the ...
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88 Congressional Leaders Eye Tying Debt Ceiling to Defense Bill ...
https://news.bloomberglaw.com/employee-benefits/congressional-leaders-eye-tying-debt-ceiling-to-defense-bill?context=article-related
Congressional leaders looking for ways around a partisan impasse on raising the debt ceiling are considering procedural maneuvers linking it ...
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89 Understanding the McConnell debt limit proposal
https://www.keithhennessey.com/2011/07/14/understanding-the-mcconnell-debt-limit-proposal/
› 2011/07/14 › unders...
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90 What is the debt ceiling, and does it matter?
https://www.jhinvestments.com/viewpoints/investing-basics/what-is-the-debt-ceiling-and-does-it-matter
In mid October, Congress instead passed legislation raising the debt limit just enough to enable the government to pay its bills through ...
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91 U.S. Congress approves measure to raise debt ceiling ahead ...
http://www.news.cn/english/2021-12/15/c_1310374317.htm
"The legislation will raise the debt limit to a level commensurate with funding necessary to get into 2023," Senate Democratic leader Chuck ...
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92 What is the debt limit and why is everyone in Washington ...
https://news.yahoo.com/what-is-the-debt-limit-and-why-is-everyone-in-washington-talking-about-it-213458007.html
Congressional leadership is nearing a deal that will raise the U.S. debt ceiling and stop the government from defaulting, the consequences ...
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93 Breaking Down the Debt Ceiling Fix In 10 Easy Pieces | - Taxgirl
https://www.taxgirl.com/2011/08/02/breaking-down-the-debt-ceiling-fix-in-10-easy-pieces/
So after all of the drama, it's over. For now. President Obama has signed into law legislation that will raise the debt ceiling, ...
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94 Look Ahead: Fall Preview of Key Biden Administration Initiatives
https://www.mintz.com/insights-center/viewpoints/2236/2021-08-05-look-ahead-fall-preview-key-biden-administration
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95 Feb22 - Debt Capacity Forecast - Minnesota.gov
https://mn.gov/mmb-stat/documents/budget/operating-budget/forecast/feb-2022/feb22-dcf.pdf
The 2011 Legislature authorized $10 million in state appropriation bonds to finance the pay- for-performance bond program, which bonds remain ...
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96 Mitch McConnell Confident He Can Get 10 Republicans to ...
https://www.newsweek.com/mitch-mcconnell-confident-10-republicans-others-arent-so-sure-debt-ceiling-1657188
Some Republican senators have voiced their opposition to allowing Democrats to raise the debt ceiling.
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