Congressional Research Service Issues Insight White Paper on Debt Limit Suspensions
May 23, 2023
May 23, 2023
WASHINGTON, May 23 -- The Congressional Research Service issued the following Insight white paper (No. IN11829) on debt limit suspensions on May 19, 2023, by economic policy analyst D. Andrew Austin.
Here are excerpts:
* * *
Debt Limit Suspensions
From 2013 until 2019, Congress chose to suspend the statutory limit on the amount of federal debt outstanding for set periods of time, rather than increase the limit by a dollar amount. On October 14, . . .
Here are excerpts:
* * *
Debt Limit Suspensions
From 2013 until 2019, Congress chose to suspend the statutory limit on the amount of federal debt outstanding for set periods of time, rather than increase the limit by a dollar amount. On October 14, . . .