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Congressional Research Service: 'Consol-Type Perpetual Bonds & Debt Limit - In Brief'
August 05, 2023
WASHINGTON, Aug. 5 -- The Congressional Research Service issued the following report (No. R47638) on July 31, 2023, entitled "Consol-Type Perpetual Bonds and the Debt Limit: In Brief" by economic policy analyst D. Andrew Austin.

Here are excerpts:

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Contents

"Consol" Bonds and Debt Instruments Without Maturity Dates ... 1

Long Bonds As a Solution to 18th Century Public Finance Challenges... 2

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