Congressional Research Service: 'Debt Limit Legislation - House "Gephardt Rule"'
December 18, 2023
December 18, 2023
WASHINGTON, Dec. 18 (TNSrep) -- The Congressional Research Service issued the following report (No. RL31913) on Nov. 8, 2023, entitled "Debt Limit Legislation: The House "Gephardt Rule" by Congress and legislative process analyst Bill Heniff Jr.
Here are excerpts:
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Summary
Essentially all of the outstanding debt of the federal government is subject to a statutory limit, which is set forth as a dollar limitation in Title 31, . . .
Here are excerpts:
* * *
Summary
Essentially all of the outstanding debt of the federal government is subject to a statutory limit, which is set forth as a dollar limitation in Title 31, . . .