Congressional Research Service Issues In Focus White Paper on Debt Limit
April 27, 2023
April 27, 2023
WASHINGTON, April 27 -- The Congressional Research Service issued the following In Focus white paper (No. IF10292) on the debt limit on April 26, 2023, by public finance specialist Grant A. Driessen.
Here are excerpts:
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The Debt Limit
Overview
The debt limit places a statutory constraint on the amount of money that Treasury may borrow to fund federal operations. Federal debt reached its current debt limit of $31.38 trillion in . . .
Here are excerpts:
* * *
The Debt Limit
Overview
The debt limit places a statutory constraint on the amount of money that Treasury may borrow to fund federal operations. Federal debt reached its current debt limit of $31.38 trillion in . . .