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Debt Ceiling Featured News
New study: debt limit deadline likely extended
House Republicans Prepare For Debt Ceiling Showdown
House passes short-term debt limit extension
White House: Obama wouldn't block GOP debt bill
House G.O.P. Agrees to Lift Debt Ceiling for 3 Months
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The debt ceiling: What is it and what happens if Congress fails to ...
The debt ceiling was last raised in 2021, to $31.4 trillion, where it currently stands. What is the national debt? Almost every year, the government spends more than it collects in taxes — that...
Debt Limit | U.S. Department of the Treasury
The debt limit is the total amount of money that the United States government is authorized to borrow to meet its existing legal obligations, including Social Security and Medicare benefits, military salaries, interest on the national debt, tax refunds, and other payments. The debt limit does not authorize new spending commitments.
The U.S. Debt Ceiling: Everything You Need to Know - The New York Times
The national debt now stands at $28.43 trillion, according to the Peter G. Peterson Foundation’s live tracker. Currently the borrowing cap is set at $28.4 trillion, leaving the federal government...
The U.S. Has Hit the Debt Ceiling. What's Next? - The New York Times
By Jeanna Smialek and Ashley Wu May 8, 2023. Share full article. 241. Time is running out for Congress to raise the nation’s debt limit, which controls how much money the government can borrow...
Everything You Need to Know About the Debt Ceiling
Everything You Need to Know About the Debt Ceiling - The New York Times. Congress controls how much money the United States can borrow. Here’s a look at why that is and what it means. The...
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