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Congressional Research Service Issues Insight White Paper on Debt Limit Policy Questions
May 03, 2023
WASHINGTON, May 3 -- The Congressional Research Service issued the following Insight white paper (No. IN10837) on debt limit policy questions on May 2, 2023, by public finance specialist Grant A. Driessen.

Here are excerpts:

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Debt Limit Policy Questions: What Are Extraordinary Measures?

A joint resolution enacted in December 2021 (P.L. 117-73) increased the statutory debt limit to $31.38 trillion. Treasury Secretary Janet Yellen informed C . . .

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