Congressional Budget Office: 'Federal Debt & Statutory Limit, March 2025'
March 27, 2025
March 27, 2025
WASHINGTON, March 27 (TNSrep) -- The Congressional Budget Office issued the following report on March 26, 2025, entitled "Federal Debt and the Statutory Limit, March 2025."
Here are excerpts:
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The debt limit - commonly called the debt ceiling - is the maximum amount of debt that the Department of the Treasury can issue to the public or to other federal agencies. The amount is set by law and has been increased or suspended over the years to al . . .
Here are excerpts:
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The debt limit - commonly called the debt ceiling - is the maximum amount of debt that the Department of the Treasury can issue to the public or to other federal agencies. The amount is set by law and has been increased or suspended over the years to al . . .