Debt Limit Topic of White Paper From CRS
December 06, 2025
December 06, 2025
WASHINGTON, Dec. 6 (TNSLrpt) -- The Congressional Research Service issued the following In Focus white paper (No. IF10292) on Dec. 5, 2025, by acting section research manager Grant A. Driessen.
Here are excerpts:
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The Debt Limit
Overview
The debt limit places a statutory constraint on the amount of money that Treasury may borrow to fund federal operations. The debt limit was increased by $5.0 trillion, to $41.1 trillion, in Ju . . .
Here are excerpts:
* * *
The Debt Limit
Overview
The debt limit places a statutory constraint on the amount of money that Treasury may borrow to fund federal operations. The debt limit was increased by $5.0 trillion, to $41.1 trillion, in Ju . . .