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Congressional Research Service Issues Insight White Paper on Debt Limit Policy Questions
January 26, 2024
WASHINGTON, Jan. 26 -- The Congressional Research Service issued the following Insight white paper (No. IN12147) on Jan. 25, 2024, by acting section research manager Grant A. Driessen and public finance analyst Brendan McDermott.

Here are excerpts:

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Debt Limit Policy Questions: How Long Do Extraordinary Measures Last?

"Extraordinary measures" are operations undertaken by the Department of Treasury to prevent a binding debt limit. . . .

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