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Congressional Research Service Issues Insight White Paper on Debt Limit Policy Questions - What Are Extraordinary Measures?
March 06, 2025
WASHINGTON, March 6 (TNSrep) -- The Congressional Research Service issued the following Insight white paper (No. IN10837) on March 5, 2025, by acting section research manager Grant A. Driessen.

Here are excerpts:

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Debt Limit Policy Questions: What Are Extraordinary Measures?

Following a suspension period established by the Fiscal Responsibility Act of 2023 (P.L. 118-5), the statutory debt limit was reinstated on January 2, 2025, at $36.1 t . . .

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