Congressional Research Service: 'Debt Limit Since 2011' (Part 1 of 3)
January 02, 2023
January 02, 2023
WASHINGTON, Jan. 2 (TNSrep) -- The Congressional Research Service issued the following report (No. R43389) on Dec. 23, 2022, entitled "The Debt Limit Since 2011" by economic policy analyst D. Andrew Austin.
Here are excerpts:
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Summary
The Constitution grants Congress the power to borrow money on the credit of the United States - one part of Congress' power of the purse - and thus mandates congressional control over federal d . . .
Here are excerpts:
* * *
Summary
The Constitution grants Congress the power to borrow money on the credit of the United States - one part of Congress' power of the purse - and thus mandates congressional control over federal d . . .